Brazil's Petrobras Orders $560M Fleet to Cut Charter Reliance and Boost Jobs [Yahoo! Finance]
Petroleo Brasileiro S.A. Petrobras American Depositary Shares representing Preferred Shares (PBR.A)
US:NYSE Investor Relations:
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Source: Yahoo! Finance
contracts to build a new generation of gas carriers and inland vessels under its Mar Aberto fleet renewal program. The contracts, formally signed on Tuesday in Rio Grande, in the southern state of Rio Grande do Sul, cover the construction of five liquefied petroleum gas (LPG) carriers, 18 barges, and 18 pushboats. The total investment amounts to R$2.8 billion (approximately $560 million), with Petrobras estimating the projects could generate more than 9,000 direct and indirect jobs across multiple regions of the country. All vessels will be operated by Transpetro, Petrobras' logistics subsidiary, and built entirely in Brazilian shipyards across three states. The Estaleiro Rio Grande shipyard will construct the five pressurized gas carriers, while Bertolini Construção Naval da Amazônia, in Manaus, will build the barges. The pushboats will be constructed by Indústria Naval Catarinense in Santa Catarina. The initiative was attended by President Luiz Inácio Lula da Silva, alongside
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