Brazil’s Transpetro has launched bidding for four handysize product tanker newbuildings as part of a fleet renewal.
But unlike a high-profile construction project effort the last time Lula da Silva was president of the country and used Transpetro orders to attempt a shipbuilding renewal, this exercise is looking to international yards.
The Rio de Janeiro-based company, a subsidiary of government-controlled oil giant Petrobras, said in bidding documents that national and foreign entities can submit bids.
