IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL5.05▼ 0.37% USD/MXN17.41▼ 0.05% USD/CLP937.05▲ 0.14% USD/COP3,204▼ 1.59% USD/PEN3.40▲ 0.08% USD/ARS1,482▲ 0.30% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.93% BRENT 94.27 ▲ 3.58% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.49% GOLD 4,141 ▲ 1.71% SILVER 60.17 ▲ 2.27% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.05 ▼ 0.04% PETR4 42.49 ▲ 1.99% VALE3 75.03 ▲ 3.86% ITUB4 42.88 ▲ 0.82% BBDC4 18.91 ▲ 1.94% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.49 ▲ 9.47% PRIO3 59.91 ▲ 2.97% SUZB3 42.46 ▲ 1.99% RENT3 37.40 ▲ 2.33% AZZA3 17.63 ▲ 0.86% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.41 ▲ 3.61% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.23 ▲ 1.91% EQTL3 39.57 ▲ 1.91% LREN3 13.50 ▲ 1.73% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 34.63 ▲ 2.09% HAPV3 11.53 ▲ 2.58% FLRY3 16.68 ▲ 0.79% SMTO3 16.11 ▲ 3.40% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.73 ▲ 2.84% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.84 ▼ 1.36% ASAI3 8.42 ▲ 2.06% SBSP3 29.42 ▲ 2.87% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.94 ▲ 0.53% CEMEX 22.18 ▲ 0.50% GFNORTE 191.68 ▲ 3.16% BIMBO 60.32 ▲ 1.57% TELEVISA 9.85 ▲ 0.92% AMX 22.66 ▼ 0.44% GAP 377.81 ▼ 0.19% ASUR 273.34 ▼ 0.59% OMA 229.56 ▲ 1.46% KOF 183.10 ▲ 1.46% GRUMA 279.74 ▼ 1.01% KIMBER 38.95 ▲ 1.43% SQM-B 65,101 ▲ 0.87% COPEC 6,541 ▲ 1.41% BSANTANDER 79.69 ▲ 0.86% FALABELLA 6,026 ▲ 1.81% ENELAM 84.57 ▲ 0.05% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.82% BANCO CHILE 192.10 ▲ 1.10% LATAM AIR 24.07 ▼ 0.54% YPF 82,500 ▲ 2.33% GGAL 8,285 ▲ 4.02% PAMPA 5,615 ▲ 2.56% TXAR 672.50 ▼ 0.96% ALUAR 967.00 ▼ 0.62% TGS 9,930 ▲ 2.27% CEPU 2,428 ▲ 3.76% MIRGOR 16,825 ▲ 0.30% COME 43.22 ▲ 0.82% LOMA NEGRA 3,843 ▲ 6.59% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,410 ▲ 3.64% ECOPETROL 16.74 ▲ 1.24% BANCOLOMBIA 84.62 ▲ 1.17% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.56 ▲ 0.12% SOUTHERN COPPER 194.74 ▲ 3.58% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.42 ▲ 0.21% XP 17.26 ▲ 2.40% PAGSEGURO 9.67 ▲ 0.94% STONE 11.34 ▲ 0.76% GLOBANT 31.01 ▼ 3.41% TECNOGLASS 45.31 ▲ 0.34% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.34 ▼ 0.59% OMA AIRPORT 105.61 ▲ 1.32% AMX ADR 26.02 ▼ 0.27% FEMSA ADR 131.02 ▲ 0.51% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.81 ▲ 3.92% ITAU ADR 8.48 ▲ 0.89% SANTANDER BR 5.44 ▲ 0.55% AMBEV ADR 3.15 ▲ 1.29% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.83% LATAM ADR 51.14 ▼ 0.83% BTC 65,722 ▼ 1.18% ETH 1,924 ▼ 0.23% SOL 77.40 ▼ 0.91% XRP 1.14 ▼ 0.47% BNB 568.74 ▼ 0.85% ADA 0.17 ▲ 0.55% DOGE 0.07 ▼ 1.31% AVAX 6.57 ▲ 0.13% LINK 8.60 ▼ 0.58% DOT 0.84 ▼ 1.04% LTC 47.01 ▲ 0.41% BCH 218.94 ▼ 2.13% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.38% HBAR 0.07 ▲ 3.11% NEAR 1.86 ▼ 4.04% ATOM 1.46 ▼ 1.35% AAVE 97.49 ▲ 2.01% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.15 ▲ 1.04% JBS 12.24 ▲ 2.38% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.44% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.14▼ 0.02% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.45% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD1.41▼ 0.15% US10Y 4.6540 ▲ 0.56% IBOV 177,111.98 ▲ 2.18% IPSA 11,000.25 ▲ 0.42% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,367,917 ▲ 2.62% COLCAP 2,305.03 ▲ 0.16% BVL PERÚ 57,575.02 — — USD/BRL 5.05 ▼ 0.37% USD/MXN 17.41 ▼ 0.05% USD/CLP 937.05 ▲ 0.14% USD/COP 3,204 ▼ 1.59% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,482 ▲ 0.30% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.93% BRENT 94.27 ▲ 3.58% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.48 ▼ 0.49% GOLD 4,141 ▲ 1.71% SILVER 60.17 ▲ 2.27% SOY 1,238 ▲ 1.54% CORN 484.25 ▲ 6.96% WHEAT 706.25 ▲ 4.17% COFFEE 318.05 ▼ 4.19% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.36 ▲ 3.04% COCOA 5,353 ▼ 4.53% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.05 ▼ 0.04% PETR4 42.49 ▲ 1.99% VALE3 75.03 ▲ 3.86% ITUB4 42.88 ▲ 0.82% BBDC4 18.91 ▲ 1.94% ABEV3 16.11 ▲ 1.96% BBAS3 21.06 ▲ 0.86% B3SA3 15.86 ▲ 4.55% WEGE3 46.49 ▲ 9.47% PRIO3 59.91 ▲ 2.97% SUZB3 42.46 ▲ 1.99% RENT3 37.40 ▲ 2.33% AZZA3 17.63 ▲ 0.86% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.90 ▲ 1.83% PSSA3 55.41 ▲ 3.61% CVCB3 1.28 ▲ 14.29% POSI3 3.72 ▲ 1.09% SLCE3 13.94 ▲ 1.38% NATU3 8.75 ▲ 0.46% BRKM5 6.11 ▲ 7.01% RANI3 8.03 ▲ 1.77% CSNA3 5.39 ▲ 6.52% CMIN3 5.86 ▲ 5.02% USIM5 8.68 ▲ 2.60% GGBR4 23.89 ▲ 1.70% ENEV3 26.01 ▲ 2.32% CPFE3 46.63 ▲ 0.50% CMIG4 11.23 ▲ 1.91% EQTL3 39.57 ▲ 1.91% LREN3 13.50 ▲ 1.73% VIVT3 35.43 ▼ 1.03% RAIL3 13.62 ▲ 2.87% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.45 ▲ 1.77% RDOR3 34.63 ▲ 2.09% HAPV3 11.53 ▲ 2.58% FLRY3 16.68 ▲ 0.79% SMTO3 16.11 ▲ 3.40% UGPA3 32.80 ▲ 3.08% VBBR3 34.73 ▲ 2.30% BBSE3 42.73 ▲ 2.84% BPAC11 57.30 ▲ 3.49% CURY3 30.38 ▲ 1.44% AERI3 2.05 ▲ 0.49% VIVARA 21.57 ▲ 0.75% COMPASS 24.91 ▲ 1.92% VAMOS 3.22 ▲ 4.21% SANB11 26.84 ▼ 1.36% ASAI3 8.42 ▲ 2.06% SBSP3 29.42 ▲ 2.87% WALMEX 48.81 ▼ 0.69% GMEXICO 214.50 ▲ 2.65% FEMSA 227.94 ▲ 0.53% CEMEX 22.18 ▲ 0.50% GFNORTE 191.68 ▲ 3.16% BIMBO 60.32 ▲ 1.57% TELEVISA 9.85 ▲ 0.92% AMX 22.66 ▼ 0.44% GAP 377.81 ▼ 0.19% ASUR 273.34 ▼ 0.59% OMA 229.56 ▲ 1.46% KOF 183.10 ▲ 1.46% GRUMA 279.74 ▼ 1.01% KIMBER 38.95 ▲ 1.43% SQM-B 65,101 ▲ 0.87% COPEC 6,541 ▲ 1.41% BSANTANDER 79.69 ▲ 0.86% FALABELLA 6,026 ▲ 1.81% ENELAM 84.57 ▲ 0.05% CENCOSUD 2,015 ▼ 0.64% CMPC 1,075 ▼ 0.82% BANCO CHILE 192.10 ▲ 1.10% LATAM AIR 24.07 ▼ 0.54% YPF 82,500 ▲ 2.33% GGAL 8,285 ▲ 4.02% PAMPA 5,615 ▲ 2.56% TXAR 672.50 ▼ 0.96% ALUAR 967.00 ▼ 0.62% TGS 9,930 ▲ 2.27% CEPU 2,428 ▲ 3.76% MIRGOR 16,825 ▲ 0.30% COME 43.22 ▲ 0.82% LOMA NEGRA 3,843 ▲ 6.59% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,410 ▲ 3.64% ECOPETROL 16.74 ▲ 1.24% BANCOLOMBIA 84.62 ▲ 1.17% GRUPO AVAL 5.01 ▼ 1.57% CREDICORP 391.56 ▲ 0.12% SOUTHERN COPPER 194.74 ▲ 3.58% BUENAVENTURA 32.01 ▲ 2.43% MERCADOLIBRE 1,802 ▼ 1.12% NUBANK 14.42 ▲ 0.21% XP 17.26 ▲ 2.40% PAGSEGURO 9.67 ▲ 0.94% STONE 11.34 ▲ 0.76% GLOBANT 31.01 ▼ 3.41% TECNOGLASS 45.31 ▲ 0.34% GAP AIRPORT 217.19 ▼ 0.23% ASUR 273.34 ▼ 0.59% OMA AIRPORT 105.61 ▲ 1.32% AMX ADR 26.02 ▼ 0.27% FEMSA ADR 131.02 ▲ 0.51% CEMEX ADR 12.76 ▲ 0.43% PETROBRAS ADR 18.95 ▲ 2.18% VALE ADR 14.81 ▲ 3.92% ITAU ADR 8.48 ▲ 0.89% SANTANDER BR 5.44 ▲ 0.55% AMBEV ADR 3.15 ▲ 1.29% CSN 1.08 ▲ 7.50% GERDAU 4.73 ▲ 1.83% LATAM ADR 51.14 ▼ 0.83% BTC 65,722 ▼ 1.18% ETH 1,924 ▼ 0.23% SOL 77.40 ▼ 0.91% XRP 1.14 ▼ 0.47% BNB 568.74 ▼ 0.85% ADA 0.17 ▲ 0.55% DOGE 0.07 ▼ 1.31% AVAX 6.57 ▲ 0.13% LINK 8.60 ▼ 0.58% DOT 0.84 ▼ 1.04% LTC 47.01 ▲ 0.41% BCH 218.94 ▼ 2.13% TRX 0.33 ▼ 0.38% XLM 0.19 ▼ 2.38% HBAR 0.07 ▲ 3.11% NEAR 1.86 ▼ 4.04% ATOM 1.46 ▼ 1.35% AAVE 97.49 ▲ 2.01% SELIC 14.25% EMBRAER 83.65 ▲ 1.21% EMBRAER ADR 66.15 ▲ 1.04% JBS 12.24 ▲ 2.38% JBS BDR 61.75 ▲ 2.54% MBRF3 16.09 ▲ 6.49% MBRFY 3.17 ▲ 7.46% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.34% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.13 ▼ 0.01% USD/CNY 6.7639 ▲ 0.10% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3374 ▼ 0.04% SPX 7,510 ▲ 0.01% DJI 52,288 ▲ 0.12% NDX 29,082 ▼ 0.25% RUT 2,962 ▼ 0.85% TSX 35,483 ▲ 0.32% VIX 16.96 ▼ 0.53% USD/CAD 1.4085 ▼ 0.15% US10Y 4.6540 ▲ 0.56%
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Uruguay Life & Society

The Uruguayan Navy does not want the U.S. Freedom Class ships

By · June 27, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – Beyond the media reports and protocol exchanges, the Uruguayan National Navy would not have the minimum conditions or real interest in receiving the two deprogrammed ships (after serious design and material problems) of the Freedom Class -the homonymous and the “Fort Worth”- of the U.S. Navy due to the initial technological defects of this ambitious program and the serious problems and shortcomings of the Uruguayan Navy itself in terms of maintenance, beyond the prohibitive costs of its operation in a navally very impoverished country.

Larger than the latest Joao Belo-class frigates incorporated by the Portuguese Navy (115 meters long and 3,500 tons in this case), in addition to serious electrical and engine problems, the propulsion of the Freedom (diesel and gas), which has revealed serious operational difficulties and some cases of ships returning to their bases under tow, and water jet propulsion -impossible to maintain locally and without moderately trained personnel in this regard, in addition to large consumers of oil- make it unfeasible to even evaluate any probability of negotiating them locally.

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PROBLEMS FROM THE START

Added to this are its automation devices, from various systems, including the Total Ship Computing Environment, which have caused many difficulties for the U.S. Navy, all of which has made both ships go through numerous repairs, estimating that in order to correct all the inconveniences registered in both, it could be necessary to invest some US$900 million, an unattainable figure in Uruguay.

U.S. Freedom Class ship (Photo internet reproduction)
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This is not counting the hull problems, assembled in special steel with an aluminum superstructure, which gives rise to a kind of almost uncontrollable corrosion that was corrected in later ships of the series, although not in the first ones, which are the ones offered. To this is added a high consumption, which in the Uruguayan National Navy -sometimes with the majority of its scarce active fleet prevented from sailing due to lack of fuel- is an absolute priority, so that beyond diplomacy it is completely impossible even to think about incorporating these two controversial Freedom Class ships.

Meanwhile, the controversial issue of the purchase of OPVs for the Uruguayan Navy seems to remain undefined, since while serious doubts arise about the suitability of the Advisory Commission to repeatedly rule in favor of the Chinese proposal -what was the desire of the majority of the national political leadership- the Defense Cooperation Agreement with this country, already approved behind closed doors by the Senate Foreign Relations Committee, is frozen, as well as slowing down the possibility of a Sino-Uruguayan Free Trade Agreement, part of the ruling party is also beginning to be skeptical of the Asian naval option.

With information from Defensa

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