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
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
A labeling band on a single signal wire caused the electrical blackout that led to the containership Dali’s collision with Baltimore’s Francis Scott Key Bridge in March 2024, killing six...
The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely to reduce the quantity of Russian oil sold in the long term.
French shipping giant CMA CGM on Friday reported declining revenues and profitability for the third quarter of 2025, as the global container shipping industry grapples with persistent geopolitical tensions and...
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
