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    Another new yard planned in Brazil

    Yard News // June 25, 2004
    Fairplay (www.fairplay.co.uk) reports that, with the recent increase in activity in Brazilian shipyards, plans are being hatched for a second new shipyard to be built in Rio Grande, in the far south of the country.

    According to Fairplay, Aker-Promar is interested in building a $US100 million yard in Rio Grande and now a company has been formed, Estaleiro Rio Grande, which intends to open a second yard by 2006.

    The three partners involved in this yard - Raimundo Pessoa, Mauricio Carvalho and Daniel Birmann say works on preparing the yard will begin in three months time.

    "With Brazilian oil giant Petrobras's shipping arm Transpetro set to build some 53 new tankers in Brazilian yards, a flurry of FPSOs and Platform Supply Vessels (PSVs) either being built or about to be built, the Rio de Janeiro yards are close to capacity. Brazilian and foreign entrepreneurs are therefore seeking to develop new sites to cope with the surge in new orders, and Rio Grande has been pinpointed as a key one," said Fairplay.

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