Brazilian Court News

Norwegian offshore vessel owners Solstad Offshore, Siem Offshore, and Standard Supply have all secured offshore vessel contracts in the past few days.Solstad Offshore on Monday said it had secured a contract for the platform supply vessel Normand Swan in Australia. Solstad Offshore said the contract was for two years and with "a major energy company."The client will have additional extension options. The contract will start in September 2022. No financial details were shared.The Normand Swan is an 89-meter-long vessel built to Ulstein's PX 105 design back in 2014.

Norwegian offshore support vessel owner Siem Offshore said Monday a Brazilian court had ruled in favor of Petrobras in a case related to a late vessel delivery in 2015."Siem Offshore do Brasil has been notified of the final unfavorable decision of a Brazilian court in a lawsuit filed against Petrobras. The case is related to late delivery of the vessel Siem Maragogi from yard back in 2015," the company said."A late delivery penalty charge was imposed by Petrobras on Siem Offshore do Brasil. The penalty charge has been accrued for in previous years’ accounts and will not have any impact on the Profit and Loss account for 2022. The unfavorable decision of the court will have a negative cash effect equivalent to USD 4.8 million…

A Brazilian court has barred crew members from disembarking from the Costa Fascinosa cruise ship anchored with no passengers at the port of Santos after some of their mates developed coronavirus symptoms, city authorities said on Monday.All passengers on the ship, which has a capacity for 3,800 passengers and crew, were disembarked on March 17 at Santos and only the crew remained in quarantined.Santos is Latin America's largest port and where most of Brazil's agriculture commodities are exported.Last week…

The Liberian Registry, in cooperation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious adverse legal and economic consequences for the international shipping industry. Pursuant to the acquisition of the FPSO (Floating, Production, Storage, and Offloading vessel) OSX-3 in March 2012 by a Dutch company and following re-registration under the Liberian flag…

Reuters –  A Brazilian court has suspended the deadline for shipbuilder OSX Brasil SA to present its restructuring plan under bankruptcy legislation until a new judge is appointed to the case, the company said in a statement. The 60-day deadline to file the plan was already suspended in January while another court reviewed a challenge to OSX's Nov. 11, 2013, bankruptcy protection filing. The new deadline will be set once the case is formally transferred to a new judge. Spanish construction company Acciona asked a court to prevent OSX's bankruptcy from being handled by the same judge responsible for the bankruptcy of sister oil company Oleo e Gas Participações SA. Oleo e Gas, formerly known as OGX, filed Latin America's largest ever bankruptcy on Oct. 30.

Underscoring the significance of Cruise West’s series of journeys that combine to form the worldwide exploration concept, Voyages of the Great Explorers, the West family will host Voyages 1, 10 and 24. In addition, 25-year cruise veteran, President and CEO Dietmar Wertanzl will lead Voyage 13. Guests can anticipate notable hosted special events in addition to the already included excursions. Guests can save as much as 32 percent by booking and paying in full by August 28, 2009, or save up to 21 percent from August 29 - October 15, 2009. Dick West – chairman and managing director of Cruise West, and son of Chuck West, founder of the Seattle-based cruise line – and his family will lead three segments of The Voyages of the Great Explorers…