Petrobras Invests Heavily in Ships

Tuesday, May 13, 2008

Petrobras, which has a $112 billion investment plan through 2012, is expanding and refurbishing its fleet. It has already contracted the construction of 23 tankers, and more orders are in the pipeline.

Petrobras is also planning to order two Very Large Crude Carrier (VLCC) supertankers, but did not give a timetable for the transaction.

The plan to build new ships – and potentially some new drilling rigs – in Brazil is designed to revitalize the local ship-building industry and boost the coastal dry freight sector.


Shipbuilding

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0641 sec (16 req/sec)