Argentina Awards Jan de Nul 25-Year Parana River Dredging Contract
Updated
Updated · Bloomberg · Jun 5
Argentina Awards Jan de Nul 25-Year Parana River Dredging Contract
2 articles · Updated · Bloomberg · Jun 5
Summary
Jan de Nul NV and Argentina’s Servimagnus SA won a 25-year contract from President Javier Milei’s government to upgrade the Parana River, the country’s main trade artery.
The award keeps Jan de Nul on a waterway it has dredged since the 1990s, after it beat a rival bid from fellow Belgian company DEME Group NV.
The Parana shipping lane links the River Plate estuary at Buenos Aires with Rosario and areas beyond, making it central to Argentina’s export logistics.
Rosario was the world’s largest single supplier of oilseeds and grains last year, underscoring why deeper, more efficient river access matters for Argentina’s farm trade.