Two Jones Act Tankers Chartered to Petrobras

Monday, October 15, 2007
Overseas Shipholding Group Inc., a global energy transportation services company, has signed a definitive agreement to charter two 46,000 dwt Jones Act tankers to Petrobras America Inc., marking the first U.S. Flag shuttle tankers to transport oil from ultra-deepwater drilling projects in the Gulf of Mexico

Petrobras America is a unit of Petroleo Brasileiro S.A., the 12th largest oil company in the world.

OSG will provide shuttle tanker services from a floating production storage and offloading facility in the Walker Ridge area of the Gulf of Mexico.

OSG reported it will convert to shuttle tankers two of the 12 product tankers it has ordered from Aker Philadelphia Shipyard. The company expects to deliver the converted shuttle tankers to Petrobras in the first quarters of 2010 and 2011.

Overseas Shipping is a publicly traded on the New York Stock Exchange under the ticker symbol “OSG.”

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

New 'Mega Passenger Ship' for Star Cruises

Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,

Daewoo Shipbuilding: $1.4 bln order Cancelled

Cancelled order part of Statoil's Bressay project. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.41 billion)

Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next

Tanker Trends

First US LNG Shipment Goes to China

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that

Libyan Oil Exports to Resume from Closed Ports

Libyan oil exports from closed ports should resume in no more than one to two weeks after a deal was signed between the government and an armed brigade controlling the terminals,

Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction 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: 0.0786 sec (13 req/sec)