SS Pantanal, via CIMC Raffles
ICBC Financial Leading Company Ltd, an arm of the world’s largest bank, last week signed a $1.08 billion deal with Brazilian industrial conglomerate Schahin, for the leasing of two of the company’s semi-submersible drilling rigs, SS Pantanal and SS Amazonia.
According to CIMC Raffles, the builder of the two rigs, the two rigs will subsequently go to work for Petrobras offshore Brazil.
This is the first time a Chinese financial leasing company has participated in the Brazilian offshore market, according to CIMC Raffles.
“The project deepens commercial and financial cooperation between China and Brazil and supports the export of Chinese high-tech equipment. Simultaneously, it will lead the marketing promotion and demonstration for Chinese financial agencies entering the American offshore market,” notes CIMC.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
U.S. Central Command says the United States and its regional partners control the Strait of Hormuz, citing more than 40 commercial ships moving through the waterway in the past 24...
The Houthi attacks on Saudi Arabia are about more than Yemen.
Britain has expanded its sanctions against Russia’s oil industry, targeting two more energy companies, a dozen shadow-fleet tankers and financial networks used to move money around Western restrictions. The measures,...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
