Index Investing News
Saturday, May 17, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Brazil’s haunting graveyard of ships risks environmental disaster, warns activist group By Reuters

by Index Investing News
December 29, 2022
in Markets
Reading Time: 2 mins read
A A
1
Home Markets
Share on FacebookShare on Twitter


4/4

© Reuters. A general view of the Conceicao island, where some abandoned ships are placed, is seen in the Guanabara Bay in Niteroi, in Rio de Janeiro state, Brazil December 28, 2022. REUTERS/Pilar Olivares

2/4

By Pilar Olivares

GUANABARA BAY (Reuters) – On a stormy evening in mid-November, a huge, abandoned cargo ship broke free of its moorings and slowly floated into the massive concrete bridge that carries cars across Brazil’s Guanabara Bay to Rio de Janeiro.

Brazil’s navy said the 200-meter-long (660-ft.) Sao Luiz, a rust-spattered bulk carrier built in 1994, had been anchored in the bay for more than six years awaiting legal proceedings before it crashed into Latin America’s longest over-water bridge. The navy said it was investigating.

“The Sao Luiz is still in the Port of Rio today, with 50 tonnes of fuel oil in it,” Sergio Ricardo, co-founder of socio-environmental group Movimento Baia Viva (Living Bay Movement) told Reuters, also pointing to high levels of corrosion.

“The ship is unsafe and can cause an environmental disaster,” he said.

Worldwide, financial and legal problems are common reasons for owners abandoning ships.

The Sao Luiz is one of dozens of ships left to rust on the iconic but heavily polluted bay, once home to vast mangroves and thriving marine life.

The mangroves are now much reduced and pollution exacerbated by the graveyard of ships is threatening local sea-horses, green turtles and Guiana dolphins, a symbol of Rio de Janeiro.

A survey by the Rio de Janeiro State University found this year that just 34 Guiana dolphins remained in the bay, down from around 800 in the 1990s.

Besides the ships’ effect on marine life and passing vessels, which must navigate an obstacle course of half-floating hulks, pollution in the bay imposes a financial cost of some tens of billions of reais a year with its pollution, Ricardo estimated.

Fernando Pinto Lima, a 62-year-old former fisherman in the bay, told Reuters he used to be able to quickly catch 50 to 100 kilograms of fish. “Now to catch fifty kilograms, it’ll take you a week or a month,” he said.

Following the Sao Luiz crash, local media reported that authorities were studying how to remove the ghost ships. But the derelict vessels continue to molder on and under its muddy waters.

($1 = 5.2186 reais)



Source link

Tags: activistBrazilsDisasterEnvironmentalgraveyardGroupHauntingReutersRisksshipsWarns
ShareTweetShareShare
Previous Post

Bruno Fernandes’ form at Manchester United: Cristiano Ronaldo exit can help bring the best out of midfielder | Football News

Next Post

In ‘Wildcat’, Amazon fauna helps heal emotional wounds of war By Reuters

Related Posts

Federal Reserve will cut back employees by 10% in coming years, Powell memo says

Federal Reserve will cut back employees by 10% in coming years, Powell memo says

by Index Investing News
May 16, 2025
0

U.S. Federal Reserve Chair Jerome Powell departs after holding a press convention following a two-day assembly of the Federal Open...

The AI Financial Increase is Simply Getting Began

The AI Financial Increase is Simply Getting Began

by Index Investing News
May 16, 2025
0

Final yr at Banyan Hill’s Complete Wealth Symposium on the Ritz Carlton in Orlando, Florida, I introduced my thesis on...

Dick’s Sporting Items reviews preliminary Q1 outcomes; comp gross sales up 4.5%

Dick’s Sporting Items reviews preliminary Q1 outcomes; comp gross sales up 4.5%

by Index Investing News
May 16, 2025
0

Dick’s Sporting Items, Inc. (NYSE: DKS), a number one omnichannel sporting items retailer, has reported preliminary outcomes for the primary...

Walmart can take up tariffs, fmr. U.S. CEO Simon questions worth hikes

Walmart can take up tariffs, fmr. U.S. CEO Simon questions worth hikes

by Index Investing News
May 16, 2025
0

Walmart's enterprise is robust sufficient to face up to tariff headwinds with out rising its costs, in response to the...

Gold rises as tame financial knowledge boosts likelihood for Fed fee cuts (GLD:NYSEARCA)

Gold rises as tame financial knowledge boosts likelihood for Fed fee cuts (GLD:NYSEARCA)

by Index Investing News
May 15, 2025
0

Could 15, 2025 5:43 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING,...

Next Post
In ‘Wildcat’, Amazon fauna helps heal emotional wounds of war By Reuters

In 'Wildcat', Amazon fauna helps heal emotional wounds of war By Reuters

After Tesla bloodbath, analysts say Apple stock could fall below 0 in 2023 By Investing.com

After Tesla bloodbath, analysts say Apple stock could fall below $100 in 2023 By Investing.com

Comments 1

  1. Pingback: Brazil's haunting graveyard of ships risks environmental disaster, warns activist group By Reuters - Fut News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

QURE Stock Rockets After FDA Approves Its Most Expensive Drug Ever

QURE Stock Rockets After FDA Approves Its Most Expensive Drug Ever

November 23, 2022
Shopper Costs Surge As Wages Fall – Funding Watch

Shopper Costs Surge As Wages Fall – Funding Watch

July 14, 2022
Evan by no means stopped being journalist… when he was advised to write down to Putin for clemency, he requested for interview

Evan by no means stopped being journalist… when he was advised to write down to Putin for clemency, he requested for interview

August 3, 2024
Mohamed Salah reveals changing boots after Newcastle penalty miss

Mohamed Salah reveals changing boots after Newcastle penalty miss

January 2, 2024
FDA approves AstraZeneca’s Calquence for untreated mantle cell lymphoma By Investing.com

FDA approves AstraZeneca’s Calquence for untreated mantle cell lymphoma By Investing.com

January 17, 2025
What’s up with the unidentified objects that US fighter planes keep taking down?

What’s up with the unidentified objects that US fighter planes keep taking down?

February 13, 2023
Jay Powell indicators Federal Reserve will revert to quarter-point reduce in November

Jay Powell indicators Federal Reserve will revert to quarter-point reduce in November

September 30, 2024
Using manners seems to be a lost art in today’s world

Using manners seems to be a lost art in today’s world

March 15, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In