DP World Increases Stake in Brazilian Port to 100%
DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP). This transaction increases DP World’s shareholding to 100% and the terminal will be rebranded to DP World Santos. DP World Santos is the largest Brazilian private multi-modal port terminal and operates in the Port of Santos, which is the busiest container port in Latin America handling 3.4m TEU in 2016 and has strategic access to sea, road and rail, and 90% of the cargo is destined for Brazil’s most populous city, São Paulo.
Brazil Agricultural Waterway Finally Reopens
Brazil's Tiete-Parana waterway, a key transport corridor for soybeans, corn, cellulose, fertilizer and other agricultural products, has reopened after a 20-month closure due to drought and the use of water for electricity, the Estado de S. Paulo newspaper reported late Tuesday. On Monday a barge train passed downstream on the Tiete River through the locks at the Nova Avanhandava hydrodam for the first time since 2014, the paper said. The barges will later head to Sao Simao in Brazil's central western state of Goias where they are expected to load soybeans, which will taken for export from the Port of Santos on the Atlantic coast near Sao Paulo.
MOL Joins Project to Mark Anniversary of Japan, Brazil Treaty
Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all, were placed into 15 containers and loaded aboard an MOL-operated containership. The vessel departed the Port of Shimizu on November 25, 2014, and arrived at Santos, Brazil on January 7. The Tachinepta was then assembled by craftspeople who traveled to the site from Goshogawara City, Aomori Prefecture, Japan.
Keppel’s Yard in Brazil Receives US$2 Million in Bonuses
Keppel FELS Brasil S/A's (Keppel FELS Brasil) yard in Angra dos Reis, Rio de Janeiro, Brazil - BrasFELS - has delivered FPSO Cidade de Sao Paulo 19 days ahead of schedule and with an excellent safety record. FPSO Cidade de Sao Paulo has a production capacity of 120,000 barrels of oil per day (bopd) and is able to compress 5 million cubic meters of gas per day. It is the first of two Floating Production Storage and Offloading (FPSO) projects BrasFELS is undertaking for MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint venture between MODEC, Inc. (MODEC) and Toyo Engineering Corporation (TOYO). For achieving an excellent safety performance throughout this two-year project, MTOPS awarded BrasFELS with a safety bonus in addition to an early delivery bonus.
Eni Sells Gas Brasiliano Distribuidora
Eni has completed the sale of its 100% participation interest in Gas Brasiliano Distribuidora S.A. ("GBD"), a company that markets and distributes natural gas in the State of São Paulo - Brazil, to Petróleo Brasileiro S.A. ("Petrobras"), through its subsidiary Petrobras Gás S.A. ("Gaspetro"), after receiving the necessary antitrust and regulatory approvals. The total consideration for the transaction of approximately US$ 271 million is subject to a final post-closing adjustment based on net debt and working capital. GBD holds the concession to undertake gas distribution activities in the Northwest region of the State of São Paulo, an area covering 375 municipalities, supplying gas to the industrial, commercial, residential, and transportation sectors.
Disabled Fishing Vessel Towed to Maine
The 60-foot fishing boat Paulo Marc was towed by the crew of U.S. Coast Guard Cutter Moray after the fishing vessel became disabled Wednesday about 90 miles east of Portland, Maine. Watchstanders at Sector Northern New England’s command center received notification at approximately 1 p.m. Wednesday that the Paulo Marc, homeported in Gloucester, was disabled with four people aboard. The Moray crew launched and arrived on scene to establish the tow at approximately 8 p.m. Wednesday.
Royal Caribbean Opens Sao Paulo Office
Royal Caribbean Cruises Ltd. is ramping up its commitment to growing the South America cruise market with the official opening of a new office in Sao Paulo, Brazil, the first Royal Caribbean company-owned office in the region. The event was marked on August 6 by a formal visit by Royal Caribbean International President and CEO, Adam Goldstein, highlighting Brazil as a key region earmarked for both investment and growth. “The cruise market in Brazil is one of the fastest growing in the world, and with increased investment and commitment, we aim to accelerate this trend” said Goldstein. The new Royal Caribbean Cruises Ltd. office, located in Sao Paulo…
Brazil Shipyard Delivers FPSO Early Gets Large Bonuses
Keppel’s yard in Brazil receives US$ 2-million in bonuses for safe and early delivery of Floating Production Storage & Offloading (FPSO) vessel. Keppel FELS Brasil S/A's (Keppel FELS Brasil) yard in Angra dos Reis, Rio de Janeiro, Brazil - BrasFELS - has delivered FPSO Cidade de Sao Paulo 19 days ahead of schedule and with an excellent safety record. FPSO Cidade de Sao Paulo has a production capacity of 120,000 barrels of oil per day (bopd) and is able to compress 5 million cubic metres of gas per day.
Valemax Mastermind Roger Agnelli Dies in a Plane Crash
The man responsible for giving the dry bulk industry the valemax died on Sunday in a Sao Paulo plane crash. Roger Agnelli, the former head of the Brazilian mining giant Vale, has died after his private jet crashed into a residential building in Sao Paulo, local media reported. He was 56. Agnelli, his wife and two of his children were among seven killed when his aircraft slammed into the building around 18:20 GMT on Saturday, minutes after taking off from an airport in northern Sao Paulo, an aviation official told Reuters news agency.
Petrobras HQ Raided by Brazil Police
Brazil's Federal Police raided the headquarters of state-run oil company Petroleo Brasileiro SA in Rio de Janeiro as part of a money-laundering probe, two sources with direct knowledge of the operation told Reuters on Friday. However, they did not confirm if Petrobras was one of the locations raided. Portuguese for "Operation Car Wash," Operação Lava Jato has already resulted in the arrest of at least one former executive at Petrobras, as the company is known. Petrobras officials were not immediately available for comment.
Brazil Offshore Shipbuilding 'Center of Excellence' Planned
Petrobras plans to build the center, which is intended to help shipbuilders meet the company's pre-salt oil & gas exploration needs. The plans to build a center of excellence for the shipbuilding industry in Brazil were highlighted in the presentation made by Paulo Sergio Rodrigues Alonso, Petrobras Local Content Advisor to the President and the Executive Coordinator of Prominp, during an event sponsored by the Brazil-Texas Chamber of Commerce (Bratecc), in Houston, an event occurring in parallel with the recent Offshore Technology Conference (OTC). Paulo Alonso stressed that the biggest challenge today is to push the pre-salt forward in the shipbuilding industry and the shipyards. "NASA's slogan is well-fitting in this situation 'Failure is not an option'.
Petrobras to Build Shipbuilding Center in Brazil
Petrobras’ plans to build a center of excellence for the shipbuilding industry in Brazil were highlighted in the presentation made by Paulo Sergio Rodrigues Alonso, Petrobras Local Content Advisor to the CEO and the Executive Coordinator of Prominp, during an event sponsored by the Brazil-Texas Chamber of Commerce (Bratecc), which took place today May 8, in Houston, an event occurring in parallel with the Offshore Technology Conference (OTC). Paulo Alonso stressed that the biggest challenge today is to push the pre-salt forward in the shipbuilding industry and the shipyards.
Brazil AG Minister Opposes Proposed Farm Export Tax
Brazil's Agriculture Minister Blairo Maggi said on Thursday before the Senate's Agriculture Committee that he would oppose a government proposal to tax farm exports as a way to cover a growing deficit in the country's social security program. The president's Chief of Staff Eliseu Padilha told the Estado de S. Paulo newspaper published on Thursday the tax was part of a proposal to reform Brazil's social security program. (Reporting by Leonardo Goy; Writing by Reese Ewing)
Fog Halts Shipping at Brazil's Biggest Port
Dense fog halted the movement of ships in and out of Brazil's biggest port, Santos, early on Monday, according to port administrator Companhia Docas do Estado de São Paulo (Codesp), disrupting shipping operations at a time that sugar exports are at their annual peak. Santos is the main port for the export of soy, sugar and coffee in Brazil, which is one of the world's top producers of those commodities. Last week the port had to shut shipping operations for two mornings also due to thick fog. Reporting by Gustavo Bonano
Police Probe Petrobras Contracts with Keppel
Brazilian police said on Monday they were looking into possible bribes paid in contracts signed by state-run oil company Petrobras and shipbuilder Sete Brasil with Singapore's Keppel Fels. Federal police carried out a fresh wave of searches and arrests on Monday in the ongoing "Operations Car Wash" corruption investigation that started nearly two years ago. Brazilian engineering giant Odebrecht, one of the main companies at the center of the scandal, said its offices in Sao Paulo, Rio de Janeiro and in Bahia were searched by police. Reporting by Reese Ewing
Petrobras Shares Jump on Plans to Sell Braskem Stake
Shares in Brazil's Petrobras rose 6 percent on Monday after local media reported that the state-run oil company plans to sell a stake in petrochemicals firm Braskem SA for around 2.8 billion reais ($903 million). The report in Broadcast, the real-time news service of newspaper Estado de S. Paulo, did not name any potential buyers or say at what stage the sales process was. Neither Petroleo Brasileiro SA, as the company is formally known, or Braskem were immediately available for comment. ($1 = 3.10 Brazilian reais) (Reporting by Stephen Eisenhammer)
Petrobras Finds New Oil in Offshore Florim, Lara Fields
Reuters - Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday that it had discovered new, good-quality oil deposits in the so-called sub-salt region. Petrobras, said the discovery was made in the Florim and Iara fields in the offshore Santos basin. Petrobras expects to continue exploration around the two wells until September. (Reporting by Paulo Prada. Editing by Andre Grenon)
Caterpillar Celebrates Brazil Op'ns Launch
Caterpillar announced that the Cat© 3500C Diesel Electric Propulsion (DEP) generator sets have entered full production at the Piracicaba, Sao Paulo, manufacturing facility, delivering on a commitment to offer superior Cat power solutions products to the burgeoning Brazilian offshore market. The first shipment of four Cat 3512 DEP generator sets were delivered in December to Navship, a shipbuilder located in Navegantes, Brazil, and operated by Edison Chouest Offshore (ECO).
McQuilling Services Expands Focus
McQuilling Services announced that is expanding its emphasis on South American business opportunities as part of its overall strategy of providing commercial advisory services to clients in the oil and marine transportation industries. In support of this strategy deployment, McQuilling Services announced that longtime industry participant Pedro Paulo Saraceni had joined the company in the capacity of Senior Commercial Advisor - South America, located in Rio de Janeiro, Brazil.
Hirschmann (PAT) New Dealer in Brazil
Hirschmann Automation and Control (PAT) Chambersburg, Pa. has named Alfatec Solutions, located in Itapevi, Sao Paulo, a dealer in Brazil. Alfatec Solutions is a full service dealer carrying Hirschmann's entire line of PAT and Krueger crane operator aids. These systems include load moment indicators (LMI), wireless and hard-wired indicators, and anti-two block systems. Alfatec Solutions specializes in crane service and is trained to install and service Hirschmann's systems (www.alfatecsolutions.com) (www.hirschmann-usa.com)
LT and Chembulk Tankers Expands into South America
PT Berlian Laju Tankers Tbk and Chembulk Tankers announced the opening of their Sao Paulo Branch, CBL Tankers do Brasil ltda. The name reflects the combination of one traditional and long-established company name with the year-old Chembulk company name-- together operating one of the world’s largest and youngest fleets of stainless steel parcel tankers. In choosing , BLT and Chembulk are acknowledging the importance of as an international market player in the specialized tanker segment for chemicals, vegetable oils, acids and bio-fuels.
Keppel FELS Brasil Secures US$200 million Contract
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured a contract worth approximately US$200 million from MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint-venture company established in Singapore by Toyo Engineering Corporation (TOYO) and MODEC, Inc. The contract is for the fabrication and integration of topside modules for the Floating Production Storage and Offloading vessel (FPSO) Cidade de Mangaratiba MV24 at Keppel FELS Brasil's BrasFELS yard in Angra dos Reis, Rio de Janeiro, Brazil. Scheduled to be completed by 2Q 2014, the FPSO will have a daily production capacity of 150,000 barrels of oil per day (bopd) and storage of 1,600,000 barrels of oil.
SENER Opens Office in Brazil
The engineering and technology group SENER has opened an office in São Paulo, Brazil. SENER thus establishes an operating and permanent division in this Latin American country, made up of about 300 Brazilian professionals specialized in engineering and construction that will carry out projects in the fields of Power and Process, Civil engineering and Architecture, Aerospace and Marine engineering. Furthermore, SENER premises in Brazil also include an office in Rio de Janeiro.