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Navios in the news: Partnership with UTEC for the Engineering academy advances

November 2024: Navios South American Logistics Inc. (Navios Logistics) is advancing its partnership with Uruguay's Universidad Tecnológica (UTEC) to establish technical and tertiary programs in Nueva Palmira. This initiative, announced by Navios Logistics' President Angeliki Frangou during the inauguration of the company's liquid bulk terminal on April 12, 2024, aims to educate the next generation of engineers and technical professionals, ensuring Uruguay has the skilled workforce needed for future industry demands. According to Ruben Martínez, President of Navios Uruguay, the company plans to begin construction of the educational facilities in 2025, with academic courses potentially starting in 2026. This development underscores Navios Logistics' commitment to investing in the local community and supporting the region's economic growth

Navios in the news: Presenting a study on the impact of fluvial shipping to the Paraguayan Economy to the President of Paraguay

November 2024: Navios South American Logistics Inc. (NSAL) presented a key study to Paraguayan President Santiago Peña, highlighting the strategic importance of the Paraguay-Paraná Waterway (HPP) for national and regional trade. The report projects $3 billion in total gross output and 30,000 new jobs by 2030, emphasizing the need for regulatory stability, fleet modernization, and enhanced cooperation among HPP countries. With 70% of Paraguay’s exports and 50% of imports reliant on the HPP, NSAL’s leadership in logistics and sustainable transport underscores its commitment to driving regional growth

PDF Icon Navios announces “The impact of fluvial shipping on the Paraguayan economy”

“The impact of fluvial shipping on the Paraguayan economy” is an analytical report aiming to take an impartial view of the shipping sector and to fulfill three primary objectives:
1. Develop an integrated perspective of the Hidrovia shipping ecosystem and Paraguay’s role in it
2. Assess the impact of shipping and related industries on the Paraguayan economy
3. Estimate the full potential of shipping related industries and services and identify focus areas to capture it

Navios in the news: Meeting with the Argentine Ministry of Foreign Affairs

April 2024: The Navios South American Logistics leadership team, led by Angeliki Frangou, Chairwoman and CEO, met with the Argentine Foreign Minister Diana Mondino. Minister Mondino highlighted that the company's investments have been pivotal in fostering economic development and regional integration. She expressed confidence that the current government's economic policies are conducive to development goals and supportive of direct investment plans from companies like Navios. Ms. Frangou reaffirmed the company's commitment to continued investments in the region, highlighting Argentina

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