ANTAQ Board Grants Authorization for OSM to Operate in Brazil

OSM is now granted authorization – as the only ship management company in the world – to operate in Brasil.

The ANTAQ’s Board has granted OSM Brasil authorization to operate as a Brazilian shipping company (EBN). This gives the OSMs office in Brazil the opportunity to do business offshore and opens a new market for OSM.

“We are pleased with the Boards decision and are looking forward to operating in Brazilian waters. We have now established an excellent platform for further growth in an area with large oil and gas resources,” says Vice Chairman of OSM Group, Jan Morten Eskilt.

The EBN certification opens for cooperation with oil companies operating on the Brazilian continental shelf, including the Brazilian Petrobras, the major operator in the Brazilian oil industry.

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Source: OSM, September 15, 2011.