financetom
Business
financetom
/
Business
/
Brazil's Petrobras to sign deal for four new support vessels built locally
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazil's Petrobras to sign deal for four new support vessels built locally
Dec 23, 2024 5:52 AM

RIO DE JANEIRO (Reuters) - Brazil's Transpetro, a unit of state-run oil firm Petrobras, said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.

WHY IT'S IMPORTANT

The bid is the first step of Petrobras' plan to renew its fleet of support vessels, and is a win for Brazil's government as it seeks to revitalize the country's shipbuilding sector.

KEY QUOTE

"It is a milestone for our management to resume the acquisition of ships in Brazil after 10 years without contracting vessels to expand the fleet," said Transpetro Chief Executive Sergio Bacci in a statement.

CONTEXT

The four 'handy' class vessels will have capacity of 15,000 to 18,000 deadweight tonnage. They are part of the firm's plan to commission 25 new ships, with 16 already listed in Petrobras' strategic plan for the 2025-2029 period.

WHAT'S NEXT

Transpetro said it is set to launch a second tender in January for eight pressurized and semi-refrigerated gas tankers.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
XRP Outshines Bitcoin, Ethereum After SEC Acknowledges Grayscale ETF Filing
XRP Outshines Bitcoin, Ethereum After SEC Acknowledges Grayscale ETF Filing
Feb 13, 2025
XRP (CRYPTO: XRP) emerged as one of the biggest large-cap gainers Thursday following the SEC's acknowledgment of its exchange-traded fund application by Grayscale Investments.  What happened: The third-largest cryptocurrency by market capitalization was up over 4% in the last 24 hours, while blue-chip currencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) fell 0.33% and 1.18%, respectively. The outperformance came...
Indonesia mining official: Freeport Indonesia reduces copper ore mining to 60% capacity
Indonesia mining official: Freeport Indonesia reduces copper ore mining to 60% capacity
Feb 13, 2025
JAKARTA, Feb 14 (Reuters) - Copper miner PT Freeport Indonesia has reduced its copper ore mining to 60% capacity due to rising stockpiles, Energy and Mineral Resources Ministry senior official Tri Winarno said on Friday. Freeport is currently repairing its new smelter following a fire in October and has asked for an export permit extension. Tri said there is no...
Airbnb co-founder Joe Gebbia to join Musk's DOGE, NYT says
Airbnb co-founder Joe Gebbia to join Musk's DOGE, NYT says
Feb 13, 2025
Feb 13 (Reuters) - Airbnb ( ABNB ) co-founder Joe Gebbia is joining the Department of Government Efficiency along with Elon Musk, the New York Times said on Thursday, citing a person with knowledge of the matter. Gebbia, a Tesla board member and close friend of Musk, plans to start shortly, the paper added, but did not say what role...
Shein's IPO to be delayed to second-half after US 'de minimis' repeal, FT reports
Shein's IPO to be delayed to second-half after US 'de minimis' repeal, FT reports
Feb 13, 2025
(Reuters) -Fast-fashion group Shein's plans to list in the UK stock market are likely to be postponed to the second-half of this year after Donald Trump's move to close so-called de minimis rules, the Financial Times reported on Friday. Shein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved