Rio de Janeiro: Modec, Mitsui, MOL and Marubeni Corporation are to collaborate in a long-term charter business for the provision of an FPSO conversion, for operation off the coast of Brazil.  

Rio de Janeiro: Wärtsilä is to become one of the growing number of companies to set up a manufacturing plant in Brazil, 300km North of Rio de Janeiro.

Oslo: STX OSV reported falling profits and revenues in its 2012 fourth quarter and full year results.