Bahamas explores Latin American opportunities

Argentina had over 10,000 ships calling at its ports and operating within the River Plate region in 2021. When combined with maritime traffic through the Hidrovias Waterway, this results in more than 100,000 tonnes of cargo movement annually.

The Bahamas hopes the memorandum of understanding will increase business opportunities in Argentina by building on the established and formal presence of the Honorary Consulate and the three companies providing flag state inspection services in the country.

Signing an MoU with Argenmar – a local company whose founder has strong ties to The Bahamas –will promote growth for the The Bahamas Ship Registry and expand The Bahamas’ representation within the Latin American region, says the BMA.