Tandanor (an acronym for Talleres Navales Dársena Norte, Naval Workshops North Dock) is an Argentineshipyard located south of Buenos Aires port which together with Almirante Storni yard constitutes CINAR (Argentina's Industrial and Naval Compound) dedicated to shipbuilding and ship repair.[2] It currently harbors ships from around the globe due to its international renown. Its competitive advantage springs from its Syncrolift: a shiplifting platform that allows vessels to be dry docked and perform simultaneous repairs on its six slipways. In April 2019, Tandanor signed a cooperation agreement with City Bank.[3]
History
The company was established as "Talleres Navales de Marina" on November 10, 1879, during the presidency of Nicolás Avellaneda for the maintenance of Navy of Argentina ships. In 1922 it was renamed "Arsenal Naval Buenos Aires", then establishing as a "sociedad anónima" under its current denomination, with majority of state-capital injection in 1971.[4]
The recently formed S.A. was created in order to supply the merchant fleet and assist with maintenance tasks. It was directed by the Argentine Navy and the National Ports Administration together. The company added workships and two docks to its operational base.
By 1943 Tandanor had more than 6,000 specialised workers. The increased demand of engineers resulted in the creation of the career of Naval Engineering, established by the University of Buenos Aires in 1950, as well as several training programs were also established. During those times the ARA Libertad frigate was constructed as a school ship of the Navy.
In 1973 the Navy sent personnel of TARENA (another shipyard) to work at Tandanor, also giving it new facilities. By those times the company had eight docks and needed to expand its business due to the increasing activity at the Atlantic Ocean. Five years later, Pearlson Engineering of Miami, US, was commissioned to build an elevator "Syncrolift". Tandanor was privatised in 1991 as part of the economy politics of then president Carlos Menem. The company was declared bankrupt in 1999.[5]
The company was nationalised through a decree by president Néstor Kirchner in March 2007, declaring null all the previous process.[6] As retribution to their efforts to carry out the company during last years, workers of Tandanor received 10% of the company, leaving the 90% as state-owned.[7]