By Sabrina Valle (Bloomberg) — If there’s one industry where all of Brazil’s political and economic upheavals come together, it’s shipbuilding. A Rio de Janeiro shipyard, where suspended president Dilma...

RIO DE JANEIRO, Jan 5 (Reuters) – A group of Japanese shipbuilders led by Mitsubishi Heavy Industries Ltd (MHI) plans to exit its 30 percent stake in Brazilian shipbuilder Ecovix...

Five Japanese shipbuilders – Mitsubishi Heavy Industries, Ltd. (MHI), Imabari Shipbuilding Co., Ltd., Namura Shipbuilding Co., Ltd., Oshima Shipbuilding Co., Ltd. and Mitsubishi Corporation – have signed a Share Purchase...

11-tanker order cancelled as OSX scales back construction of its shipyard at the Açu port complex.

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo Brasileiro SA canceled a contract for five...

Sembcorp Marine’s 7th Brazilian drillship newbuild order has just been secured at a contract value of US$806.4 million. Ordered by Sete Brasil Participações S.A. (Sete Brasil), this rig, and her 6 other sister...

By Anna Miars, Unlike the samba beats that punctuate the late night air in Rio de Janeiro, it’s the clamor of construction equipment and hum of machinery that dictate the...

(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in Brazil to repair vessels used by the world’s biggest...

RIO DE JANEIRO–Brazilian businessman Eike Batista will buy $500 million in shares of shipbuilding and oilfield services company OSX Brasil S/A (OSXB3.BR) by March 2013, half of the company’s existing...

RIO DE JANEIRO–Brazil’s Merchant Marine Fund has approved additional financing for oilfield services company OSX Brasil SA (OSXB3.BR) to complete construction of the company’s shipyard, OSX said in a regulatory filing Monday....

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised $180 million to help fund the construction...

Singapore-based Sembcorp Marine announced today that they have secured contracts worth approximately USD $4 Billion from Sete Brasil ParticipacÇ’es S.A. (Sete Brasil), for the design and construction of five drillships...

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels on time for offshore oil production. So do...

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading vessel contract valued at US$200 million. In a filing to the Singapore Exchange,...

RIO DE JANEIRO–Brazilian state oil and gas producer Petroleo Brasileiro S/A (PBR. PETR4.BR), or Petrobras, took delivery Monday of a third oil tanker under its current 10.8 billion-Brazilian-reais ($5.32 billion)...

RIO DE JANEIRO–Brazilian oil-field services company OSX Brasil SA (OSXB3.BR, OSXRY), part of Brazilian businessman Eike Batista’s industrial empire, said Friday it had obtained 2.7 billion Brazilian reais ($1.3 billion)...

RIO DE JANEIRO (Dow Jones)–The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, has suspended a contract to purchase 16 vessels from the Estaleiro Atlantico Sul shipyard, which...

RIO DE JANEIRO -(Dow Jones)- Shareholders of Brazilian drilling-rig holding company Sete Brasil approved a capital increase as the company prepares to line up financing to fulfill one of the...

SEOUL (Dow Jones)–Samsung Heavy Industries Co. (010140.SE), the world’s second-largest shipbuilder by sales, said Wednesday it is considering a request for help from Brazilian shipbuilder Estaleiro AtlanticoSul, or EAS. “We...

– By Luiz Gustavo Cruz, Contributing Writer, MTS Logistics The great days of the shipping industry in Brazil were gone a long time ago. Big shipping lines went bankrupt, Brazilian-flagged...