Buquebus is an Argentine/Uruguayan company that operates ferry services from Buenos Aires (Argentina) to Montevideo and Colonia (Uruguay). The company was founded in 1982 by Juan Carlos López Mena. In the 1990’s Buquebus introduced fast ferries across the River Plate which dramatically cut journey times, taking traffic from the airlines. Buquebus were also active in the international charter market. In 1997 Buquebus España was created to launch fast ferry routes between Spain and Morocco. In September 2007 Buquebus España was acquired by Baleària.