STX OSV Says Transpetro LPG Contract Made Effective (Brazil)

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that the contract for eight LPG carriers for Petrobras Transportes S.A. (Transpetro) has been made effective.

The contract for the construction of LPG carriers was originally signed in July 2010, but not yet included in the orderbook. The total value of the contract is approximately USD 536 million, boosting STX OSV’s orderbook by approximately NOK 3 billion.

The contract provides for the construction of two different types of LPG Carriers, designed by Hamworthy: Fully pressurized with cargo capacity of 7,000 m3 (4 units) and 4,000 m3 (2 units) and semi-refrigerated with cargo capacity of 12,000 m3 (2 units).

The vessels are scheduled to be delivered between 2014 and 2016 from STX OSV’s new shipyard currently under development at Suape in the state of Pernambuco, Brazil.

[mappress]

LNG World News Staff, November 21, 2011