The 229 meter long, 81,531 dwt bulk carrier Cofco 1 ran aground multiple times on the Parana River this week. On May 25, the Cofco 1 had departed from Timbues, Argentina with a cargo of 40,000 tons of soybeans bound for Denmark when ran aground on the Parana River. The bulk carrier remained aground until the following day when a tug pulled it free. After an inspection found no damage, the Cofco 1 was allowed to proceed on its voyage. On May 27, the Cofco 1 ran aground a second time on the Parana River near San Pedro. The bulk carrier is awaiting assistance from tugs to be refloated again. No reports of damage or pollution released. Reports state the Parana River’s water level is near its lowest in 50 years. Authorities are expected to put limits on how much cargo will be allowed on bulk carriers.