Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsRegionsAmericasMISC shuttle tanker deal with Petrobras worth $645m

MISC shuttle tanker deal with Petrobras worth $645m

093db7ccabe6b7454793445d13821318
MISC belatedly provided more details about its 10-year long term charter contract with Petrobras signed in May, revealing that the deal was worth $645m.

MISC’s tanker unit AET Tanker Holdings was awarded the contract to own and operate four specialist DP2 Suezmax shuttle tankers for Petrobras for operations in international and Brazilian waters, on May 25. The firm charter will commence in 2020.

MISc has recently said it sees good potential in floating production, storage and offloading (FPSO) vessels and shuttle tankers and is planning $4bn in capex over the next five years.

AET already operates two shuttle tankers for Petrobras under an earlier contract.

TAGS: Asia Tankers Regions MISC

 

Related
Phatra Naree leaving the Port of Baltimore
Ships stuck in Baltimore port leave through new channel
Apr 26, 2024
Dali-Baltimore-USCG.jpeg
Will shipping learn from the Baltimore bridge disaster?
Apr 25, 2024
USS Carney operating in the Red Sea
Coalition forces shoot down Houthi missile fired at Maersk vessel
Apr 25, 2024
Stacked containers in port of Los Angeles
Mixed signals on container freight rates as Red Sea alarm subsides
Apr 24, 2024