BW Offshore has sealed an agreement to acquire 70% of Brazil’s Maromba offshore field for a price of $90m from Petrobras.

Capesize market remained quiet throughout the week with thin activities from the Asia-Pacific and Atlantic regions.

The return of Chinese trade participants from Spring festival failed to create a roar in the Capesize market this week.

GAC Group has announced the opening of its 11th branch office at the port of Fortaleza, in Northeast Brazil.

The Port of Rotterdam Authority CEO Allard Castelein and the Governor of the Brazilian state of Ceará, Camilo Santana, have signed an investment agreement on the participation of the Port of Rotterdam Authority’s in the development of the port of Pecém.

The Port of Rotterdam Authority will participate in the Port of Pecém in the state of Ceara, a rapidly growing port in Northeast Brazil.

AET, the petroleum logistics unit of Malaysia’s MISC, has won its first contract with Shell in Brazil to time charter one new-build dynamic positioning (IMO Class 2) shuttle tanker (DPST). No length of contract or financial details were disclosed.

Prosafe has been awarded an accommodation vessel contract by MODEC to support the company’s floating production storage and offloading (FPSO) vessel operations in Brazil.

AET Tankers, the petroleum transportation unit of Malaysia’s MISC, is building on its relationship with Brazilian national oil company Petrobras, winning another, bigger shuttle tanker contract.

Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group (Damen) have joined forces to introduce a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market utilising a Damen FCS 7011 vessel.

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