Petrobras Sues Samsung Heavy Industries

March 27, 2019

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.

Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy, Samsung said in a regulatory filing. Samsung delivered the vessel to U.S. shipowner Pride Global Limited in 2011.

© Lichtwolke / Adobe Stock
© Lichtwolke / Adobe Stock

Samsung said it was not involved in the charter agreement signed between Petrobras America and Pride Global Limited, saying it will actively counter the legal dispute.


($1 = 1,135.1100 won)

(Reporting by Hayoung Choi, Hyunjoo Jin; Editing by Kim Coghill)

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