MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
SAO PAULO/BENGALURU, Oct 21 (Reuters) – Investment holding company Ocean Wilsons OCN.L has agreed to sell its 56.47% stake in Brazilian unit Wilson
By Lisandra Paraguassu and Sergio Queiroz ATAFONA, Brazil (Reuters) – Sonia Ferreira’s two-story house with a pool and garden on the Brazilian
CMA CGM, the French shipping and logistics group, has announced a significant expansion of its operations in South America, signing a definitive agreement to
By Dani Morera Trettin SAO PAULO, July 24 (Reuters) – Sharks off the coast of Brazil’s party city Rio de Janeiro have tested positive for
Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its
By Roberto Samora and Ana Mano SAO PAULO, May 17 (Reuters) – The Rio Grande port authority said the impact of excess rains and heavy
By Roberto Samora and Ana Mano SAO PAULO, May 7 (Reuters) – Heavy flooding in southern Brazil has hit food storage facilities in lower areas
(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from
Tokyo-based offshore floating platform expert, MODEC Inc. has announced being awarded the Front-End Engineering and Design (FEED) contract for a new Floating
By Jake Spring Dec 3 (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to
By Dayanne Sousa and Isis Almeida (Bloomberg) — The world needs sugar from top producer Brazil more than ever to help ease global shortages. Congestion
Subsea 7 S.A. has confirmed the award of a significant contract by Petrobras for the development of the Mero 4 field. The field is located approximately 200
By Ana Mano SAO PAULO, Oct 3 (Reuters) – Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a
(Bloomberg) — Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks
Norwegian energy company Equinor has announced the commercial viability and submitted development plans for two major offshore oil and gas fields in
Norwegian offshore vessel owner DOF has secured three new service contracts worth over $260 million with Petrobras in Brazil. The contracts involve survey and
SAO PAULO, Aug 1 (Reuters) – On their tenth day at sea, the four Nigerian stowaways crossing the Atlantic in a tiny space above the rudder of a
Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its Brazilian terminals by 2026. The commitment was made
Brazilian state-owned oil and gas company Petrobras has signed a letter of intent with Equinor, the Norwegian multinational energy company, to expand their
SAO PAULO, Feb 24 (Reuters) – FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in
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