Brazil’s Economy Ministry has denied reports saying it would pay $14bn to state-owned energy firm Petrobras to settle a dispute over an oil-producing zone off the country’s coast, Reuters has reported. The dispute started in 2010, when the Brazilian government granted Petrobras the right to extract...
https://splash247.com/brazilian-government-denies-14bn-settlement-with-petrobras/
BW Offshore has reached an agreement with Brazil’s PetroRio to extend the contract for the lease and operation of . The extension is for one year from the third quarter of 2019, and PetroRio has options running through to the third quarter of 2022. The 2007-built FPSO is located in the Polvo field...
https://splash247.com/bw-offshore-fpso-extended-by-petrorio/
South Korea’s Pan Ocean has agreed with key client Vale to shave off a massive $13bn from a consecutive voyage contract (CVC) it inked with the Brazilian miner in 2009, citing lower than anticipated fuel bills. The contract of affreightment signed on September 21, 2009 called for the shipping of...
https://splash247.com/pan-oceans-vale-coa-deal-slashed-by-13bn/
Seacor Marine Holdings has formed a joint venue with a subsidiary of Mexico’s Proyectos Globales de Energía y Servicios CME to acquire Brazilian offshore vessel owner UP Offshore. The joint venture acquired UP Offshore for a nominal amount, refinancing around $95m of the company’s debt including a...
https://splash247.com/seacor-marine-jv-acquires-brazils-up-offshore/
The Accident Investigation Board of Norway (AIBN) released its report on the work accident on board the Normand Maximus off the coast of Brazil on 21 February 2017. Because of the incident one died, while another one got seriously injured and three persons sustained minor injuries.
The incident
The construction service vessel (CSV) Normand Maximus was hired by Saipem to function as a platform at sea. In cooperation with Baker Hughes, Saipem was to conduct pre-commissioning tests to verify that...
https://safety4sea.com/independent-check-of-installation-could-have-prevented-explosion-in-csv/
Royal Dutch Shell Plc is guilty of a small amount of crude oil spill during a ship-to-ship oil transfer in Brazilian waters on November, as the company confirmed to Reuters.
Namely, approximately 200 milliliters of crude oil were released during the maneuver, which was stopped after the drip was detected, adding that authorities were notified and the incident left no trace of oil in the sea.
The spill was found when hoses connected tankers Vigdis Knutsen and Andromeda at Brazil’s Santos basin STS...
https://safety4sea.com/shell-confirms-small-oil-leak-in-seaborne-transfer-in-brazil-waters/
Panama Canal, Port of Itaqui agree to promote shipment of grains and other cargoes to markets in Asia.
https://worldmaritimenews.com/archives/266430/panama-canal-signs-dry-cargo-deal-with-brazilian-port/
The Panama Canal signed a memorandum of understanding (MoU) with the Brazilian Port of Itaquí, to promote the shipment of grains and other cargoes in the commercial route of northern Brazil to countries located in the Pacific, through the Canal.
Namely, the Brazilian port of Itaquí, is placed in the city of São Luís, Maranhão. The specific port is the closest Brazilian terminal to the Panama Canal and has the features needed, such as infrastructure and connectivity, for transferring cargo to...
https://safety4sea.com/panama-canal-inks-dry-cargo-deal-with-brazils-port-of-itaqui/
Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec’s third quarter 2018 order intake, with delivery of the machines scheduled to take place through the first quarter of 2019.
Tecon Santos is located in the largest port in Latin America and is one of Brazil’s leading logistic company and biggest container terminal....
http://container-news.com/kalmar-tractors-brazilian-container-termnal/
Brazilian prosecutors announced earlier this week that major oil traders Vitol, Trafigura and Glencore had paid over $30 million in bribes to Petrobras employees, which is state-owned.
Top executives of the international companies were aware of the bribery involving Petrobras, investigators noted. They also added that said at a news the bribes occurred between 2011 and 2014.
Namely, according to Reuters, Petrobras employees offered these companies lower prices for oil, along with storage tanks,...
https://safety4sea.com/prosecutors-link-trading-majors-with-bribery-scandal-in-brazil/