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OSX enters into tanker building contract

13th March 2012

11 tankers to be built for delivery until 2017

oil tanker
Tanker building contract signed

OSX has been hired by Kingfish do Brasil Navegação S/A to build 11 medium range tankers, with 45,000 deadweight tonnage (DWT) for transportation of oil and clear products. The contract is worth USD 732m.

The vessels will be chartered by Kingfish to Petrobras and deliveries are expected to take place until 2017, at the Açu Shipbuilding Unit, located in the north of the State of Rio de Janeiro.
 
"Our team will build, in São João da Barra, 11 MR tankers for Kingfish, 1 PLSV for Sapura Seadrill and realise the integration of FPSOs OSX-4 and OSX-5 for OGX,” said Luiz Eduardo Guimarães Carneiro, CEO of OSX.
 
In February OSX signed a contract with Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for approximately USD 263m. A PLSV is used for laying and installing flexible pipelines on the seabed.

Kingfish do Brasil provide logistics and marine transportation solutions to the Brazilian oil and gas market, by means of cabotage and long haul shipping.

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