SHIPBUILDING | Brazil’s yards fight for land

Brazil’s orderbook is surging but some of the country’s ‘virtual’ shipyards are still just a dream.

Rio de Janeiro-based Transpetro says greenfield facility Promar Ceara, which has already tied-up a tender to build eight ships for Petrobras’ shipping arm, has delayed an announcement that will reveal its new location.

As TradeWinds has reported, earlier this month the yard bagged its long-running plan to break ground in the Brazilian state of Ceara.

Transpetro had imposed a 30 June deadline for a fresh real estate pick, but on Wednesday the shipowner said clarity will come in the form of a statement to be issued tomorrow.

And while the South Korean-backed shipyard fights criticism over the delay, Eike Batista-led OSX Brasil is battling land issues of its own.

The Sao Paulo-listed shipping outfit is still fighting environmental groups that have stiffled its plan to set up shop in the Southern state of Santa Catarina.

While the proposal is still on the table, now OSX is reportedly mulling a plan to break ground in the Northern state of Rio de Janeiro.

In a regulatory filing issued earlier this week, the company said it could take close to a year to tie-up the approvals needed to build a yard in the city of Acu.

While Brazil’s virtual shipyards grapple criticisim over delays, its seems questions surrounding the country’s technological limitations may have been squashed.

Promar Ceara has found a friend in the South Korean construction titan STX, while OSX is on the fringe of tying up a partnership with Hyundai Heavy Industries.

Source: http://www.tradewinds.no/andalso/article562394.ece?service=printArticle

Advertisements

Leave a comment

Filed under News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s