IBOV 175,063 ▼ 0.39% IPSA 10,897 ▲ 0.55% IPC MEX 68,866 ▼ 1.65% MERVAL 3,089,497 ▲ 0.57% COLCAP 2,182.57 ▼ 0.56% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.03 ▼ 0.13% USD/MXN 17.33 ▲ 0.08% USD/CLP 890.54 ▼ 0.12% USD/COP 3,640 ▲ 0.11% USD/PEN 3.39 ▼ 0.42% USD/ARS 1,409 ▼ 0.04% USD/UYU 40.09 ▲ 1.47% USD/PYG 6,039 ▲ 0.35% USD/BOB 6.85 ▲ 1.66% USD/DOP 58.10 ▼ 0.34% USD/CRC 449.56 ▲ 2.01% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.63 ▲ 0.29% USD/NIO 36.62 ▲ 0.71% USD/VES 548.00 ▲ 2.48% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.63% USD/JMD 155.98 ▲ 0.02% USD/TTD 6.74 ▲ 1.10% EUR/BRL 5.85 ▼ 0.59% BRENT 91.45 ▼ 2.41% WTI 87.77 ▼ 1.27% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.23% GOLD 4,559 ▲ 1.33% SILVER 75.78 ▲ 0.17% SOY 1,197 ▲ 0.17% CORN 453.25 ▼ 0.55% WHEAT 623.75 ▼ 0.04% COFFEE 266.05 ▼ 2.99% SUGAR 14.15 ▲ 1.58% ORANGE JUICE 167.60 ▲ 0.30% COTTON 76.73 ▼ 0.05% COCOA 4,167 ▲ 1.66% BEEF 241.15 ▼ 4.09% CATTLE 352.88 ▼ 0.49% LITHIUM 87.50 ▲ 2.30% PETR4 42.51 ▼ 0.72% VALE3 83.96 ▲ 0.61% ITUB4 40.00 ▼ 0.79% BBDC4 17.90 ▼ 0.56% ABEV3 16.29 ▼ 1.93% BBAS3 20.61 ▼ 2.14% B3SA3 16.50 ▲ 0.12% WEGE3 43.72 ▲ 0.62% PRIO3 62.97 ▼ 0.02% SUZB3 41.69 ▼ 0.95% RENT3 42.82 — 0.00% AZZA3 19.85 ▼ 3.87% CSAN3 3.94 ▼ 1.75% RAIZ4 0.34 ▼ 19.05% PCAR3 1.96 ▼ 1.51% GMAT3 4.14 ▼ 2.82% PSSA3 48.28 ▼ 0.54% CVCB3 1.60 ▼ 5.33% POSI3 4.14 ▲ 0.24% SLCE3 15.90 ▲ 0.06% NATU3 10.10 ▲ 1.30% BRKM5 11.13 ▼ 1.68% RANI3 7.94 ▲ 0.13% CSNA3 6.80 ▲ 3.82% CMIN3 4.70 ▲ 1.51% USIM5 10.65 ▲ 4.11% GGBR4 23.50 ▼ 1.01% ENEV3 25.00 ▼ 0.56% NEOE3 33.80 — 0.00% CPFE3 43.03 ▼ 2.60% CMIG4 11.05 ▼ 0.99% EQTL3 38.20 ▲ 0.55% LREN3 15.00 ▲ 0.87% VIVT3 33.60 ▼ 0.97% RAIL3 13.85 ▼ 1.42% KLABIN 16.67 ▼ 0.66% RAIA DROGASIL 18.95 ▲ 2.43% RDOR3 34.47 ▲ 0.20% HAPV3 12.48 ▲ 0.65% FLRY3 15.74 ▼ 1.50% SMTO3 17.16 ▲ 0.12% UGPA3 26.91 ▼ 2.07% VBBR3 30.91 ▼ 0.35% BBSE3 34.58 ▼ 0.80% BPAC11 54.30 ▼ 1.25% CURY3 32.18 ▲ 2.22% AERI3 2.32 ▼ 0.43% VIVARA 22.15 ▼ 0.14% COMPASS 26.99 ▲ 1.85% VAMOS 3.19 ▼ 1.24% SANB11 27.22 ▼ 0.91% ASAI3 8.98 ▼ 2.92% SBSP3 28.16 ▼ 1.40% WALMEX 52.60 ▼ 3.63% GMEXICO 215.25 ▼ 0.17% FEMSA 209.22 ▼ 1.77% CEMEX 22.63 ▼ 1.35% GFNORTE 185.10 ▼ 2.32% BIMBO 58.87 ▼ 0.83% TELEVISA 9.70 ▼ 1.82% AMX 22.35 ▼ 1.15% GAP 411.98 ▼ 2.75% ASUR 300.63 ▼ 1.62% OMA 218.65 ▼ 0.90% KOF 185.60 ▼ 2.51% GRUMA 292.80 ▼ 1.38% KIMBER 38.26 ▼ 2.10% SQM-B 75,368 ▼ 0.09% COPEC 6,560 ▲ 1.78% BSANTANDER 71.40 ▼ 0.57% FALABELLA 5,875 ▲ 0.75% ENELAM 78.99 ▲ 0.60% CENCOSUD 2,180 ▲ 2.30% CMPC 1,120 — 0.00% BANCO CHILE 172.50 ▼ 0.37% LATAM AIR 23.76 ▲ 0.38% YPF 77,075 ▲ 0.59% GGAL 7,240 ▲ 1.33% PAMPA 4,993 ▲ 0.71% TXAR 670.50 ▼ 0.96% ALUAR 1,008 ▲ 1.36% TGS 9,130 ▲ 1.05% CEPU 2,264 ▼ 1.65% MIRGOR 16,850 ▼ 1.32% COME 47.19 ▼ 1.77% LOMA NEGRA 3,498 ▼ 2.03% BYMA 293.00 ▲ 0.51% TELECOM ARG 4,100 ▼ 1.32% ECOPETROL 14.79 ▼ 0.90% BANCOLOMBIA 69.19 ▼ 2.25% GRUPO AVAL 4.69 ▼ 1.47% CREDICORP 341.50 ▼ 1.94% SOUTHERN COPPER 194.88 ▲ 3.80% BUENAVENTURA 35.01 ▲ 1.10% MERCADOLIBRE 1,696 ▼ 0.04% NUBANK 13.05 ▲ 0.15% XP 16.96 ▼ 1.02% PAGSEGURO 9.33 ▲ 0.65% STONE 11.33 ▼ 0.18% GLOBANT 39.93 ▲ 2.86% TECNOGLASS 44.21 ▲ 2.60% GAP AIRPORT 238.11 ▼ 2.49% ASUR 300.63 ▼ 1.62% OMA AIRPORT 100.72 ▼ 1.44% AMX ADR 25.79 ▼ 0.69% FEMSA ADR 120.87 ▼ 1.47% CEMEX ADR 13.06 ▼ 1.14% PETROBRAS ADR 18.83 ▼ 0.69% VALE ADR 16.55 ▲ 0.24% ITAU ADR 7.88 ▼ 1.01% SANTANDER BR 5.44 ▼ 0.91% AMBEV ADR 3.20 ▼ 2.14% CSN 1.36 ▲ 3.03% GERDAU 4.65 ▼ 1.48% LATAM ADR 53.19 ▲ 0.11% BTC 73,772 ▲ 0.32% ETH 2,011 ▲ 0.17% SOL 82.41 ▲ 0.52% XRP 1.32 ▲ 0.74% BNB 638.56 ▲ 0.17% ADA 0.24 ▲ 0.38% DOGE 0.10 ▲ 0.25% AVAX 8.95 ▲ 0.42% LINK 9.03 ▲ 0.49% DOT 1.22 ▲ 0.27% LTC 51.73 ▲ 0.28% BCH 303.32 ▲ 1.15% TRX 0.34 ▼ 2.66% XLM 0.21 ▲ 4.94% HBAR 0.09 ▲ 0.98% NEAR 2.53 ▲ 4.76% ATOM 2.03 ▼ 1.54% AAVE 81.95 ▲ 1.57% SELIC 14.50% EMBRAER 73.60 ▲ 0.14% EMBRAER ADR 58.40 ▲ 0.57% JBS 12.94 ▼ 2.12% JBS BDR 65.03 ▼ 2.69% MBRF3 16.29 — 0.00% MBRFY 3.23 ▲ 1.89% INTER 6.34 ▼ 1.09% EGX 52,659 ▼ 0.38% USD/ZAR 16.25 ▼ 0.02% USD/NGN 1,373 — 0.00% NIKKEI 66,330 ▲ 2.53% CSI300 4,892 ▼ 0.45% HSI 25,182 ▲ 0.70% NIFTY 23,763 ▼ 0.60% KOSPI 8,476 ▲ 3.55% JCI 6,181 ▲ 0.83% USD/JPY 159.29 ▲ 0.04% USD/CNY 6.7676 ▼ 0.17% DAX 25,157 ▲ 0.26% CAC 8,266 ▲ 0.95% FTSE 10,449 ▲ 0.22% MIB 50,043 ▲ 0.44% IBEX 18,405 ▲ 0.69% STOXX 628.02 ▲ 0.47% EUR/USD 1.1632 ▼ 0.20% GBP/USD 1.3411 ▼ 0.24% SPX 7,564 ▲ 0.58% DJI 50,669 ▲ 0.05% NDX 30,224 ▲ 0.84% RUT 2,937 ▲ 0.57% TSX 34,518 ▲ 0.31% VIX 15.81 ▲ 0.44% USD/CAD 1.3805 ▲ 0.13% US10Y 4.4550 ▼ 0.58% IBOV 175,063 ▼ 0.39% IPSA 10,897 ▲ 0.55% IPC MEX 68,866 ▼ 1.65% MERVAL 3,089,497 ▲ 0.57% COLCAP 2,182.57 ▼ 0.56% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.03 ▼ 0.13% USD/MXN 17.33 ▲ 0.08% USD/CLP 890.54 ▼ 0.12% USD/COP 3,640 ▲ 0.11% USD/PEN 3.39 ▼ 0.42% USD/ARS 1,409 ▼ 0.04% USD/UYU 40.09 ▲ 1.47% USD/PYG 6,039 ▲ 0.35% USD/BOB 6.85 ▲ 1.66% USD/DOP 58.10 ▼ 0.34% USD/CRC 449.56 ▲ 2.01% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.63 ▲ 0.29% USD/NIO 36.62 ▲ 0.71% USD/VES 548.00 ▲ 2.48% USD/PAB 1.00 ▲ 2.20% USD/BZD 2.00 ▲ 1.63% USD/JMD 155.98 ▲ 0.02% USD/TTD 6.74 ▲ 1.10% EUR/BRL 5.85 ▼ 0.59% BRENT 91.45 ▼ 2.41% WTI 87.77 ▼ 1.27% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.23% GOLD 4,559 ▲ 1.33% SILVER 75.78 ▲ 0.17% SOY 1,197 ▲ 0.17% CORN 453.25 ▼ 0.55% WHEAT 623.75 ▼ 0.04% COFFEE 266.05 ▼ 2.99% SUGAR 14.15 ▲ 1.58% ORANGE JUICE 167.60 ▲ 0.30% COTTON 76.73 ▼ 0.05% COCOA 4,167 ▲ 1.66% BEEF 241.15 ▼ 4.09% CATTLE 352.88 ▼ 0.49% LITHIUM 87.50 ▲ 2.30% PETR4 42.51 ▼ 0.72% VALE3 83.96 ▲ 0.61% ITUB4 40.00 ▼ 0.79% BBDC4 17.90 ▼ 0.56% ABEV3 16.29 ▼ 1.93% BBAS3 20.61 ▼ 2.14% B3SA3 16.50 ▲ 0.12% WEGE3 43.72 ▲ 0.62% PRIO3 62.97 ▼ 0.02% SUZB3 41.69 ▼ 0.95% RENT3 42.82 — 0.00% AZZA3 19.85 ▼ 3.87% CSAN3 3.94 ▼ 1.75% RAIZ4 0.34 ▼ 19.05% PCAR3 1.96 ▼ 1.51% GMAT3 4.14 ▼ 2.82% PSSA3 48.28 ▼ 0.54% CVCB3 1.60 ▼ 5.33% POSI3 4.14 ▲ 0.24% SLCE3 15.90 ▲ 0.06% NATU3 10.10 ▲ 1.30% BRKM5 11.13 ▼ 1.68% RANI3 7.94 ▲ 0.13% CSNA3 6.80 ▲ 3.82% CMIN3 4.70 ▲ 1.51% USIM5 10.65 ▲ 4.11% GGBR4 23.50 ▼ 1.01% ENEV3 25.00 ▼ 0.56% NEOE3 33.80 — 0.00% CPFE3 43.03 ▼ 2.60% CMIG4 11.05 ▼ 0.99% EQTL3 38.20 ▲ 0.55% LREN3 15.00 ▲ 0.87% VIVT3 33.60 ▼ 0.97% RAIL3 13.85 ▼ 1.42% KLABIN 16.67 ▼ 0.66% RAIA DROGASIL 18.95 ▲ 2.43% RDOR3 34.47 ▲ 0.20% HAPV3 12.48 ▲ 0.65% FLRY3 15.74 ▼ 1.50% SMTO3 17.16 ▲ 0.12% UGPA3 26.91 ▼ 2.07% VBBR3 30.91 ▼ 0.35% BBSE3 34.58 ▼ 0.80% BPAC11 54.30 ▼ 1.25% CURY3 32.18 ▲ 2.22% AERI3 2.32 ▼ 0.43% VIVARA 22.15 ▼ 0.14% COMPASS 26.99 ▲ 1.85% VAMOS 3.19 ▼ 1.24% SANB11 27.22 ▼ 0.91% ASAI3 8.98 ▼ 2.92% SBSP3 28.16 ▼ 1.40% WALMEX 52.60 ▼ 3.63% GMEXICO 215.25 ▼ 0.17% FEMSA 209.22 ▼ 1.77% CEMEX 22.63 ▼ 1.35% GFNORTE 185.10 ▼ 2.32% BIMBO 58.87 ▼ 0.83% TELEVISA 9.70 ▼ 1.82% AMX 22.35 ▼ 1.15% GAP 411.98 ▼ 2.75% ASUR 300.63 ▼ 1.62% OMA 218.65 ▼ 0.90% KOF 185.60 ▼ 2.51% GRUMA 292.80 ▼ 1.38% KIMBER 38.26 ▼ 2.10% SQM-B 75,368 ▼ 0.09% COPEC 6,560 ▲ 1.78% BSANTANDER 71.40 ▼ 0.57% FALABELLA 5,875 ▲ 0.75% ENELAM 78.99 ▲ 0.60% CENCOSUD 2,180 ▲ 2.30% CMPC 1,120 — 0.00% BANCO CHILE 172.50 ▼ 0.37% LATAM AIR 23.76 ▲ 0.38% YPF 77,075 ▲ 0.59% GGAL 7,240 ▲ 1.33% PAMPA 4,993 ▲ 0.71% TXAR 670.50 ▼ 0.96% ALUAR 1,008 ▲ 1.36% TGS 9,130 ▲ 1.05% CEPU 2,264 ▼ 1.65% MIRGOR 16,850 ▼ 1.32% COME 47.19 ▼ 1.77% LOMA NEGRA 3,498 ▼ 2.03% BYMA 293.00 ▲ 0.51% TELECOM ARG 4,100 ▼ 1.32% ECOPETROL 14.79 ▼ 0.90% BANCOLOMBIA 69.19 ▼ 2.25% GRUPO AVAL 4.69 ▼ 1.47% CREDICORP 341.50 ▼ 1.94% SOUTHERN COPPER 194.88 ▲ 3.80% BUENAVENTURA 35.01 ▲ 1.10% MERCADOLIBRE 1,696 ▼ 0.04% NUBANK 13.05 ▲ 0.15% XP 16.96 ▼ 1.02% PAGSEGURO 9.33 ▲ 0.65% STONE 11.33 ▼ 0.18% GLOBANT 39.93 ▲ 2.86% TECNOGLASS 44.21 ▲ 2.60% GAP AIRPORT 238.11 ▼ 2.49% ASUR 300.63 ▼ 1.62% OMA AIRPORT 100.72 ▼ 1.44% AMX ADR 25.79 ▼ 0.69% FEMSA ADR 120.87 ▼ 1.47% CEMEX ADR 13.06 ▼ 1.14% PETROBRAS ADR 18.83 ▼ 0.69% VALE ADR 16.55 ▲ 0.24% ITAU ADR 7.88 ▼ 1.01% SANTANDER BR 5.44 ▼ 0.91% AMBEV ADR 3.20 ▼ 2.14% CSN 1.36 ▲ 3.03% GERDAU 4.65 ▼ 1.48% LATAM ADR 53.19 ▲ 0.11% BTC 73,772 ▲ 0.32% ETH 2,011 ▲ 0.17% SOL 82.41 ▲ 0.52% XRP 1.32 ▲ 0.74% BNB 638.56 ▲ 0.17% ADA 0.24 ▲ 0.38% DOGE 0.10 ▲ 0.25% AVAX 8.95 ▲ 0.42% LINK 9.03 ▲ 0.49% DOT 1.22 ▲ 0.27% LTC 51.73 ▲ 0.28% BCH 303.32 ▲ 1.15% TRX 0.34 ▼ 2.66% XLM 0.21 ▲ 4.94% HBAR 0.09 ▲ 0.98% NEAR 2.53 ▲ 4.76% ATOM 2.03 ▼ 1.54% AAVE 81.95 ▲ 1.57% SELIC 14.50% EMBRAER 73.60 ▲ 0.14% EMBRAER ADR 58.40 ▲ 0.57% JBS 12.94 ▼ 2.12% JBS BDR 65.03 ▼ 2.69% MBRF3 16.29 — 0.00% MBRFY 3.23 ▲ 1.89% INTER 6.34 ▼ 1.09% EGX 52,659 ▼ 0.38% USD/ZAR 16.25 ▼ 0.02% USD/NGN 1,373 — 0.00% NIKKEI 66,330 ▲ 2.53% CSI300 4,892 ▼ 0.45% HSI 25,182 ▲ 0.70% NIFTY 23,763 ▼ 0.60% KOSPI 8,476 ▲ 3.55% JCI 6,181 ▲ 0.83% USD/JPY 159.29 ▲ 0.04% USD/CNY 6.7676 ▼ 0.17% DAX 25,157 ▲ 0.26% CAC 8,266 ▲ 0.95% FTSE 10,449 ▲ 0.22% MIB 50,043 ▲ 0.44% IBEX 18,405 ▲ 0.69% STOXX 628.02 ▲ 0.47% EUR/USD 1.1632 ▼ 0.20% GBP/USD 1.3411 ▼ 0.24% SPX 7,564 ▲ 0.58% DJI 50,669 ▲ 0.05% NDX 30,224 ▲ 0.84% RUT 2,937 ▲ 0.57% TSX 34,518 ▲ 0.31% VIX 15.81 ▲ 0.44% USD/CAD 1.3805 ▲ 0.13% US10Y 4.4550 ▼ 0.58%
since 2009
Friday, May 29, 2026

Colombia’s Frigate Project Faces Obstacles

By · April 2, 2024 · 1 min read

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Colombia is pushing forward with its Strategic Surface Platforms (PES 10714CO) project, aiming to build five advanced frigates.

The plan involved collaboration between Damen Shipyards from the Netherlands and Cotecmar, a Colombian shipbuilder.

The government earmarked about $435 million for the first frigate’s construction, but by December 2023, expected agreements with Damen were still pending.

The project saw a cost increase of 11%, adding $47.5 million, while Cotecmar’s expenses rose from $90 million to $130 million.

The total cost thus climbed by $87 million. Concerns arose over not reusing French systems on FS1500 frigates, favoring Italian and South Korean options.

Colombia's Frigate Project Faces Obstacles
Colombia’s Frigate Project Faces Obstacles. (Photo Internet reproduction)

These frigates are critical for Colombia‘s global maritime missions and are designed as multi-mission vessels.

Leveraging the Damen Sigma 10513 design, they aim to serve as a potent force in international waters.

Admiral José Joaquín Amézquita’s review of global shipyards led to a competitive proposal from Hyundai Heavy Industries (HHI) of South Korea, based on the HDF 3200 model.

HHI has also engaged with Peru and Ecuador for similar naval projects.

Expodefensa 2023 unveiled frigate design: 107.5m length, 100-117 crew, 8,200 nautical miles range.

They will incorporate advanced electronic and weapon systems, including SAAB radars, General Dynamics sonar, and MBDA VL Mica-NG air defense systems.

As Colombia progresses with this strategic defense initiative, it faces various challenges, from financial to technical and diplomatic.

Commitment to maritime security and global peace persists, signifying a substantial advancement in national defense capabilities.

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