Brazillian energy major Petrobras transport subsidiary Transpetro is cancelling orders for 17 tankers. The move seriously dashes government plans to try and revive the local shipbuilding scene.
“We decided to revoke the contracts for those ships,” Antonio Silvino, head of Transpetro, told reporters during a presentation at Rio Oil & Gas conference.
He added three other vessels, currently under construction at Petro Eisa 1 shipyard in Rio de Janeiro, could also be cancelled because the contractor is going through financial difficulties.
