23/09/2015at 12:47

Offshore carriers could face huge deroute in Brazil

Several Norwegian supply companies have had their contracts canceled with Brazil's state oil company in the once-lucrative oil market. Virtually no foreign companies are winning new contracts in the country, sources tell ShippingWatch.

BY OLE ANDERSEN

Foreign owners and operators of supply ships in the once lucrative Brazilian oil and gas market risk being phased violently out of the market as a result of the state-owned oil company's new approach to replace foreign vessels with its own idle ships.

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