Word: naviera
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Dates: during 1940-1949
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...steamers of the Naviera Colombiana, the biggest river operator, had been stuck in the mud for days; rain last week raised the river enough to float them. Meanwhile government dredges kept up their running battle with mudbanks and sandbars, but the dredges were badly outnumbered...
Profits & Losses. On top of these added costs, traders disgusted with shipping delays began switching from the Caribbean port of Barranquilla, at the Magdalena's mouth, to the Pacific port of Buenaventura, which is linked to Bogotá by train and truck. Result: Naviera Colombiana's operations, which once yielded a profit averaging a million and more pesos a year, showed a loss of 212,000 pesos ($123,000) in the first half...
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