Gerdau News

Petrobras Makes History, Sells First FPSO for Green Recycling in Brazil

In a first, Brazilian oil company Petrobras last week reportedly sold the P-32 FPSO for sustainable recycling in Brazil, paving the way for the development of the local ship recycling industry.The sale of the floating unit P-32 reportedly took place on July 7, 2023. In a collaboration supervised by Petrobras, the steel company Gerdau S.A. and shipyard Ecovix have been entrusted with the responsible and environmentally sound recycling of the FPSO."This decision marks the first time a commercial vessel at the end of its lifecycle will be dismantled in Brazil.

New Brazil Iron Ore Port Planned

Brazilian steelmaker Gerdau plans 80 million ton-per-year iron ore port in Rio de Janeiro state Brazilian steelmaker Gerdau is planning to build its own port terminal at Sepetiba Bay near the company's Cosigua mill in Rio de Janeiro state, according to 'Business News Americas' The port terminal will be implemented in two phases and will be able to export 70Mt/y of iron ore and to receive 10Mt/y of mineral coal to meet the demand from the company's steel plants in Brazil's southeastern region Based in Porto Alegre, Gerdau is Latin America's largest steel producer and the biggest long steelmaker in the Americas. .