Transpetro inks $427m MR1 tanker order

AI Summary

Transpetro, the logistics arm of Petrobras, has signed a $427 million contract with Estaleiro Rio Grande for four MR1 oil tankers as part of Petrobras' Mar Aberto program. These 40,000 dwt vessels will transport oil and petroleum products along Brazil's coast, aiming to renew and expand the state-controlled fleet.

Petrobras logistics arm Transpetro has signed a $427m contract with Estaleiro Rio Grande for the construction of four MR1 tankers. The 40,000 dwt vessels will be used to transport oil and petroleum products along the Brazilian coast. The order is part of Petrobras’ Mar Aberto programme, which is aimed at renewing and expanding the state-controlled …