BANCO CONTINENTAL

Banco Continental, also known as BBVA Continental, is a prominent financial institution in Peru. Originally established in 1951, the bank has a long history of serving the Peruvian market with a wide range of financial products and services. It became a significant player in the banking industry not only within Peru but also in the broader Latin American region due to its robust portfolio and extensive customer base.


In the late 20th century, Banco Continental entered a period of strategic alignment with Grupo BBVA (Banco Bilbao Vizcaya Argentaria), a major global banking group based in Spain. This partnership significantly enhanced its operational capabilities, technological infrastructure, and customer service standards. Under the BBVA Continental brand, the bank offered various services, including personal banking, commercial banking, loans, mortgages, and investment products.


As a subsidiary of BBVA, Banco Continental has benefitted from the global expertise and resources of its parent company, enabling it to implement advanced banking solutions and expand its service offerings. The bank has maintained a focus on innovation, customer satisfaction, and financial inclusion, making a substantial impact on the Peruvian financial landscape.


In recent years, BBVA has undergone rebranding efforts, which included the consolidation of its branding across different markets. As part of this effort, BBVA Continental was rebranded to simply BBVA, aligning its identity more closely with the global BBVA brand. This change aimed to unify the brand image and leverage global recognition while continuing to provide high-quality financial services to its customers in Peru.


Overall, Banco Continental, now BBVA in Peru, has established itself as a key financial institution with a strong reputation for reliability, customer service, and innovation in the region.


San Isidro District Peru

3055 Avenida República de Panamá
San Isidro District Lima 15036
Peru

Ships

ISLAY

Tug | Flag: Peru | Port: CALLAO

Maritime News

Chevron Emerges as Winner in ExxonMobil Dispute Over Guyana Oil Field

Chevron Emerges as Winner in ExxonMobil Dispute Over Guyana Oil Field

14 hours ago
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading, with Hess gaining nearly 7.4%. Exxon shares were up 0.3%.CNBC first reported the arbitration outcome. An Exxon Mobil spokesperson confirmed to Reuters that Chevron prevailed in the mediation over Guyana oil assets.Chevron and Hess did not immediately respond to Reuters request for comment.
Germany’s Maritime Sector: Steady Growth Amid Global Headwinds

Germany’s Maritime Sector: Steady Growth Amid Global Headwinds

14 hours ago
Order intake, exports, and green technology demand fuel confidence for 2025Germany’s maritime equipment and offshore supply industry is posting steady growth in 2024 and setting an optimistic course for 2025, according to new figures released by the VDMA Marine Equipment and Systems Association.With an average turnover increase of 5.5% in 2024, German maritime suppliers are proving resilient in the face of global supply chain volatility, geopolitical tensions, and a fiercely competitive international market.
China Shipbuilding Market Share Drops 20% Amid USTR Port Fees Concerns

China Shipbuilding Market Share Drops 20% Amid USTR Port Fees Concerns

2 days ago
Chinese shipyards’ market share has dropped from 72% to 52% in the first half of 2025 amid growing concerns over the impact of US Trade Representative (USTR) port fees on Chinese ships, according to the latest report from BIMCO, the world’s largest shipping association.USTR port fees, set to take effect in October 2025, will impact both Chinese owners and operators, as well as ships built in China, BIMCO said.Smaller Chinese-built ships will be exempted from fees, depending on sector-specific criteria, along with exemptions for short haul voyages.Global newbuilding contracting in terms of Compensated Gross Tonnage (CGT) dropped 54% y/y during the first half of 2025.
U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

2 days ago
With all the Legislative fanfare, Executive Orders, Committee meetings, lobbying efforts and media announcements concerning American Shipbuilding, Naval Warfare and Maritime Dominance, it is no surprise that the result of the uproar is shear confusion within the maritime industrial base (MIB).  The April 9, 2025 Executive Order Restoring America’s Maritime Dominance lists more than several reports to the President due within 90 days. Following those initial updates other reports are due at 180 and 210 days. The industry as a whole has not seen references to any of the reports being completed.
Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

3 days ago
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day, and a storage capacity of 2 million barrels of oil.The P-78 will rank among the largest in the global operating fleet of FPSOs.