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Eduardo Campos News

17 Dec 2015

Brazil Prosecutors Charge 12 in SBM Offshore Graft Scheme

Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world's top leaser of oil production ships, and state oil firm Petroleo Brasileiro SA . Police said they had four arrest orders as part of the scheme, dubbed "Operation Black Blood," though two of them involved suspects already in jail in the southern city of Curitiba, the epicenter of a broader investigation into price fixing and bribery on Petrobras contracts with engineering firms. Former Petrobras executives Pedro Barusco, Jorge Zelada and Renato Duque were charged with corruption along with former SBM sales agents Julio Faerman and Luis Eduardo Campos Barbosa da Silva, according to a statement from federal prosecutors.

30 Aug 2014

Brazil Presidential Candidate Silva Moots Price on Carbon

Brazilian presidential candidate Marina Silva plans to put a price on greenhouse gas emissions and implement a national carbon market if elected, according to policy proposals released on Friday. In the document, the coalition behind Silva's candidacy said the measures would help Brazil rein in emissions, which are on the verge of rising again after years of successfully being cut. Brazil had reduced its carbon emissions from 2.85 billion tonnes of CO2e (carbon dioxide equivalent) in 1995 to 1.48 billion in 2012, mainly due to a sharp reduction in deforestation after the adoption of tougher legislation and a satellite-based system to monitor forest loss. But large increases in thermal power generation and agricultural production have recently threatened to reverse the trend.

17 Aug 2014

Petrobras Shares Rise Strongly for Electoral Bets

Preferred shares of Brazilian state oil company Petrobras rose sharply on Friday as investors bet that President Dilma Rousseff will not be able to win re-election in the first round of the October elections. The death of the presidential candidate Eduardo Campos in a plane crash on Wednesday raised expectations that their popular running mate Marina Silva is the representative of his party in the elections, complicating Rousseff's aspirations of winning without having to go to a second round . Investors expect a new government to approve more favorable to the interests of the minority shareholders of Petrobras policy. Some analysts said the market reaction may have been exaggerated by the term of stock options contract on Monday.

14 Feb 2014

CrowleyFresh Handles 100,000 Boxes of Flowers for Valentine’s Day

Photo: Crowley

For the second consecutive year, CrowleyFresh, Miami’s newest cold-chain warehouse and logistics service, jointly offered by Crowley Maritime Corporation and subsidiary Customized Brokers, showed a little love to customer Sunshine Bouquet Company, a flower supplier based in Miami, by storing 1,027 pallets of fresh Colombian and Ecuadorian roses in advance of Valentine’s Day. The colorful, fragrant and perishable cargo was handled in CrowleyFresh’s 19,000 square-foot cold storage facility and the flowers were released to the U.S. market just in time for this year’s holiday.