SBM Offshore Pens Leniency Deal with Brazilian Authorities

FPSO Cidade de Marica quayside Brasa shipyard in Brazil

SBM Offshore and SBM Holding Inc. signed a leniency agreement with the Brazilian authorities and Petrobras.

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Japanese Firms Join Forces in FPSO Business

FPSO Cidade de Caraguatatuba

Five Japanese companies have reached agreements to invest in a long-term FPSO charter business in Brazil.

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Panama Canal to Tap into Potential of Brazilian Grain Export

The Panama Canal Authority wants to attract more grain shipments to the canal originating from northern Brazil.

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Cocaine Found on board Boxship in Santos, Brazil

Drug traffickers continue to target commercial ships for hiding their illicit shipments.

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MODEC Finds Partners for Brazil's FPSO Charter Project

MODEC inks deals with four compatriots to partner up on the FPSO charter project for the Sepia Area off Brazil.

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Brazil: Vard Tax Claim Dropped

The Brazilian authorities have canceled the tax claim against Vard Holdings Limited following the company’s ...

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Liberia Scores a Win for Shipping in Brazilian Court

The Liberian Registry, in co-operation with the International Chamber of Shipping (ICS), has assisted the holder of ...

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Brazil Gives Green Light to Maersk's Hamburg Süd Deal

Brazil’s regulatory authority Conselho Administrativo de Defesa Econômica (Cade) has approved without ...

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China’s ICBC Earmarks USD 700 Mn for New Brazilian Port

China Communications Construction Company (CCCC) has signed an investment and financing framework deal with ...

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China Merchants Port Buying Brazil's TCP for USD 923 Mn

Hong Kong-listed port investor China Merchants Port Holdings Company has inked a deal to buy 90 percent of shares ...

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Port of Antwerp Invests in Brazilian Port of Açu

Port of Antwerp, through its subsidiary Port of Antwerp International (PAI), will invest USD 10 million in Porto do ...

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Brazil Starts with Inspection of Older Vessels

Brazil has introduced a new inspection requirement in its ports, following a number of recent casualties involving ...

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MSC Buys Remaining Stake in Brazil's Portonave

Swiss container shipping giant Mediterranean Shipping Company (MSC) has taken full control at Brazil’s ...

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NGOs Ask Brazil to Stop Beaching Ships in South Asia

The NGOs and trade unions have criticized the shipbreaking practices of Transpetro, a part of ...

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Bulker Grounds at Brazil's Port of Santos

A bulk carrier, loaded with a cargo of 30,000 tonnes of soybeans, ran aground at Brazil’s port of Santos ...

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Brazil’s Porto Sudeste Settles USD 62.5 Mn Dispute

Porto Sudeste do Brasil, a private port terminal in Ilha da Madeira, Brazil, has agreed with Usinas Siderúrgicas de ...

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China's CMG Eyes Stake in Brazilian Container Port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the ...

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Port of Rotterdam, Brazil Looking to Form Pecém JV

The Dutch Port of Rotterdam has entered into a memorandum of understanding (MoU) with the State Government of ...

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Stevedores’ Strikes Block Brazilian Ports

On March 15, Brazilian stevedores organized an industrial action which affected port operations at all ports in the ...

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Brazil’s EDPI Ship Repair Project Gets Funding from FMM

The Board of Directors of the Merchant Marine Fund (CDFMM), Brazil, has agreed to finance basis BRL 2.15 billion ...

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NS United to Carry Iron Ore for Vale

Japan-based marine company NS United Kaiun Kaisha has received a 25-year contract of affreightment for the ...

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