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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Offshore carriers could face huge deroute in Brazil

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Offshore carriers lose Brazilian contracts

Brazilian oil giant faces lawsuit of USD 98 billion

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

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Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

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Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market