Brazil’s state-controlled oil company Petrobras has placed a $427 million order with the Estaleiro Rio Grande shipyard for the construction of four medium-range oil tankers that will transport oil and petroleum products along the Brazilian coast.
The contract was signed through Petrobras Transporte (Transpetro) on June 18 for the MR1-class vessels, with each to have a gross tonnage (GT) of 40,000 tons and to be able to operate on biofuels, such as ethanol, and in electrified ports.
