Monday, August 3, 2015
News

Deadbeat Ex-Billionaire Batista Tempts Bondholders to Seize Once-Prized Ship

  By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s Chrysler building...

August 3, 2015
Total Views: 79

Monday, March 16, 2015
Finance

Óleo e Gás Suspends Payment for OSX-3 FPSO

Oleo e Gas Participações SA, a Brazilian oil company under bankruptcy protection, on Monday said it suspended payments for an oil-production vessel to bankrupt ship-leasing company OSX Brasil SA for six months.

March 16, 2015
Total Views: 0

Saturday, May 17, 2014
acu shipbuilding
Finance

Batista Shipbuilder OSX Offers To Pay Debt In 25 Years

RIO DE JANEIRO, May 16 (Reuters) – Brazil’s OSX Brasil SA , the bankrupt shipbuilder controlled by former billionaire Eike Batista, presented a plan to a Brazilian judge on Friday...

May 17, 2014
Total Views: 2

Tuesday, November 26, 2013
osx logo batista
News

OSX Brasil Board Elects Euchério Rodrigues Chief Executive

RIO DE JANEIRO, Nov 26 (Reuters) РOSX Brazil SA, the shipbuilding company controlled by Brazilian tycoon Eike Batista, said on Tuesday that its board of directors elected Euch̩rio Lerner...

November 26, 2013
Total Views: 0

Monday, November 11, 2013
News

OSX Brasil Files for Bankruptcy

Brazilian shipbuilder OSX Brasil SA filed for bankruptcy protection on Monday, becoming the second company controlled by former billionaire Eike Batista to seek court protection from creditors in just over a week.

November 11, 2013
Total Views: 5

Friday, November 8, 2013
News

OSX Brasil Plans Bankruptcy Filing

Brazilian shipbuilder OSX Brasil SA said on Friday it will file for bankruptcy protection, another step in the decline of former billionaire Eike Batista's empire.

November 8, 2013
Total Views: 4

Saturday, August 24, 2013
Offshore

Batista’s OSX-3 FPSO Arrives in Brazil

OSX Brazil said on Friday that its OSX-3 vessel arrived in Brazilian waters and would be delivered to sister oil producer OGX Petroleo e Gas Participações SA.

August 24, 2013
Total Views: 14

Tuesday, July 16, 2013
osx 3 fpso modec
News

Batista’s Precious OSX-3 FPSO Departs Singapore for Brazilian Waters

July 16 (Bloomberg) — Eike Batista’s OSX-3 offshore oil- processing vessel, collateral for his shipping unit’s bonds, departed from Singapore and is heading to Rio de Janeiro. The ship anchored...

July 16, 2013
Total Views: 13

Thursday, July 4, 2013
osx logo batista
News

Batista Said to Consider Shutting OSX Shipbuilding Business

(Bloomberg) — Brazilian billionaire Eike Batista is being asked by advisers to consider shutting down OSX Brasil SA’s shipbuilding business and sell production platforms to raise cash, said a person...

July 4, 2013
Total Views: 1

Thursday, May 23, 2013
osx brasil grupo
News

OSX Brasil Cuts Staff as Shipyard Fails to Receive New Orders

OSX Brasil SA, the shipyard and ship leasing company controlled by Brazilian billionaire Eike Batista, fired 300 employees as part of an effort to cut costs, O Estado de S....

May 23, 2013
Total Views: 0

Monday, May 20, 2013
News

Kingfish Cancels 11 Tanker Order at OSX Brasil’s Açu Shipyard

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

May 20, 2013
Total Views: 0

Wednesday, April 3, 2013
acu port strike
News

Workers End 2-Day Strike at OSX Brazil Shipyard

RIO DE JANEIRO, April 3 (Reuters) – Workers ended a two-day strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu on Wednesday, after delaying construction and blockading...

April 3, 2013
Total Views: 0

acu port strike
News

Problems for Batista Mount as Workers Continue Strike at OSX Brazil

RIO DE JANEIRO, April 3 (Reuters) – Workers extended a strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu for a second day on Wednesday, delaying construction...

April 3, 2013
Total Views: 2

Tuesday, March 26, 2013
osx brasil grupo
Finance

OSX Brazil is Stymied by the Capital Markets, Still Seeks $265 Million Loan

Brazilian shipbuilding and ship-leasing company OSX Brasil SA is in the process of raising a $265 million short-term loan due in 2014 from foreign investors to complete an oil platform...

March 26, 2013
Total Views: 0

Wednesday, January 30, 2013
port of acu brazil
News

Brazilian Prosecutor Seeks Injunction to Halt Work at Acu Superport

RIO DE JANEIRO — A federal prosecutor in Brazil is seeking an injunction to halt work at the Acu port complex, an important part of billionaire Brazilian businessman Eike Batista’s...

January 30, 2013
Total Views: 5

Friday, November 30, 2012
osx brasil
News

OSX Shares Take a Big Hit After Brazilian Shipbuilding Plans Are Canned

(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...

November 30, 2012
Total Views: 2

Friday, October 26, 2012
Offshore

Batista Shows You Need to Spend Money to Make Money

(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling and output delays. The controlling investor is...

October 26, 2012
Total Views: 5

Wednesday, October 17, 2012
Shipbuilding

Batista to Pump $500 Million Into Brazil’s OSX

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...

October 17, 2012
Total Views: 1

Monday, October 15, 2012
osx brasil grupo
Finance

OSX Brasil Receives $736 Million in Financing from Merchant Marine Fund

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....

October 15, 2012
Total Views: 3

Monday, September 24, 2012
Offshore

Batista’s OSX in Merger Talks With Sete Brasil [REPORT]

RIO DE JANEIRO–Brazilian billionaire entrepreneur Eike Batista is in early talks to merge his shipbuilding and oilfield-services company, OSX Brasil S/A (OSXB3.BR), with drill-rig holding company Sete Brasil, local financial daily Valor Economico reported Monday. Talks...

September 24, 2012
Total Views: 3