More World Wide Supply vessels blockedCompany News // March 8, 2016
World Wide Supply AS says it has received confirmation that its two remaining vessels on charter to Petrobras
have been blocked by Brazilian local tonnage.
The company said the annual renewal of the vessel's Brazilian Certificate of Chartering Authorization (CAA) had been blocked.
The certificates of World Emerald will expire on 21 June 2016 and World Sapphire on 10 August 2016.
The company and its agents will negotiate with Petrobras to see if this issue can be resolved. If not, then the charter of these vessels can be terminated from the day the certificate expires.