SINGAPORE (Dow Jones)–STX OSV Holdings Ltd. (MS7.SG) on Sunday said it has won a contract worth US$536 million from a unit of a unit of Brazilian energy giant Petroleo Brasileiro S/A (PBR, PETR4.BR) to build eight liquefied petroleum gas carriers.
The Singapore-listed shipbuilder of offshore and specialized vessels had signed a contract for the vessels from Petrobras Transporte S.A. in July 2010 but had not included it in its orderbook, STX OSV said in a statement to Singapore Exchange, without giving a reason.
The contract involves the construction of two different types of LPG Carriers and the vessels are scheduled to be delivered between 2014 and 2016 from STX OSV’s new shipyard currently under development at Suape in the state of Pernambuco, Brazil, it said.
-By Gaurav Raghuvanshi; Dow Jones Newswires
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,916 members that receive our newsletter.
Have a news tip? Let us know.
ROME (Reuters) – An Italian judge on Friday cleared three migrant sea rescue charities that had been accused of abetting irregular immigration in complicity with human traffickers, throwing out a case opened...
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 105,916 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
