Brazil's Transpetro suspends most EAS ship orders

Newswire

* Transpetro demands EAS meet technical requirements * Brazil has struggled to jump-start shipping industry RIO DE JANEIRO, May 27 (Reuters) - Brazil's Transpetro, the transportation arm of state-run oil giant Petrobras, said on Sunday it suspended the purchase of 16 out of 22 oil ships ordered from EAS as part of its fleet-renewal program. Transpetro said in a statement that those 16 purchasing contracts will remain suspended until EAS meets certain requirements, like finding a partner ...

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