OSX
OSX News
OSX Brasil CFO Steps Down, CEO to Take Role
OSX Brasil SA Chief Financial Officer Claudio Antônio da Silva Zuicker is stepping down, and Chief Executive Officer Vladimir Kundert Ranevsky will add the role of CFO…
OSX Presents Revamped Bankruptcy Plan, Calls Assembly
OSX Brasil SA, a shipbuilding and ship leasing firm controlled by Brazilian tycoon Eike Batista, presented a revamped bankruptcy protection plan to a judge in Rio de Janeiro on Monday.
Brazil's OSX Posts Third-quarter Loss of $62m
OSX Brasil SA, the bankrupt shipbuilder controlled by Brazilian tycoon Eike Batista, posted a net loss of 160.8 million reais ($61.8 million) in the third quarter…
Brazil's Óleo e Gas, OSX Renegotiate FPSO Contract
Óleo e Gas Participações SA, the Brazilian oil producer that is under bankruptcy protection, and former sister company OSX Brasil SA completed on Friday a plan to…
OSX Brasil Suspends Creditor Payments
A Netherlands-based subsidiary of Brazilian tycoon Eike Batista's bankrupt shipbuilding and shipleasing unit OSX Brasil SA suspended payments to creditors after being granted protection by a Dutch court. According to a securities filing on Thursday, OSX sought protection for its OSX WHP 1&2 Leasing BV unit after an unnamed "alleged creditor" asked a court to order payment in a way that threatened OSX's obligations to other creditors.
Shipbuilder OSX Brasil Restructuring Plan Suspended by Court
Reuters – A Brazilian court has suspended the deadline for shipbuilder OSX Brasil SA to present its restructuring plan under bankruptcy legislation until a new judge is appointed to the case…
OSX Korea Shipyard to Build 5 Peru Navy Patrol Boats
STX Offshore & Shipbuilding Co. has signed a deal with the defense ministry of Peru to build five patrol ships for 75 billion won (US$71.3 million) reports Yonhap News. Citing the shipbuilders, Yonhap adds that STX will deliver the ships by the end of 2015, and that in March 2012, the company signed a first contract for building the same type of ships with Colombia's defense ministry. Source: Yonhap News
Shipbuilding Firm OSX to File for Bankruptcy
The empire of the Brazilian businessman Eike Batista has taken another hit, as his shipbuilding firm OSX states it would file for bankruptcy, reports the 'New York Times' via Agence France-Presse. According to the newspaper, OSX’s board of directors released a statement that it had decided to apply for court-supervised restructuring, also that Ivo Dworschak Filho would replace Marcelo Gomes as chief executive…
OSX Receives New US$ 500 Million Capitalization
With new commitment for up to additional US$ 500 million capitalization until March 2014. OSX exercised the put option in the amount equivalent in Brazilian Reais to US$ 500 million…
Petrobas Contract OSX for Tankship Conversions
Petrobras signs a $900 million contract with OSX Brasil SA to convert two oil tankers into FPSO's. According to Reuters, OSX, controlled by Brazilian billionaire Eike Batista…
Brazil's OSX Group Q2 2012 Financial Report
EBITDA of R$36,5 million in 1H12 and R$2,7 billion financing are highlights for the second quarter of 2012. OSX, an EBX Group Company which provides solutions for…
OSX Appoints New Shipyard Operations Officer
Mr. Danilo Baptista, who currently occupies the position of Executive Manager at OSX´s Açu Shipbuilding Unit (UCN Açu), has been nominated the new Shipyard Operations Officer replacing Mr.
OSX Offshore Has Newbuildings in Brazil, Asian Shipyards
OSX, an EBX Group Company of integrated solutions for offshore units and services, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered into by the companies. The two new units will be built by OSX Construção Naval S/A in the Açu Shipbuilding Unit, which is currently being implemented in the northern region of the State of Rio de Janeiro…
Compliance With the Minimum Requirement of OSX Shares
The date by which OSX will comply with the 25 percent minimum free float requirement of OSX shares, as set out in the Regulamento de Listagem do Novo Mercado (“Regulation”)…
OSX Presents Fourth Quarter Earnings
OSX, a company which provides equipment and services for the offshore oil and gas industry, part of EBX Group, consolidated third quarter 2011 results with important achievements…
OSX Raises $500 Million With Bond Issue
OSX raised $500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3.
OSX to Build 11 Tankers for Kingfish
OSX was hired by Kingfish do Brasil Navegação S/A to build 11 medium range tankers, with 45,000 DWT (Deadweight Tonnage) each, for transportation of oil and clear products.
OSX Will Construct PLSV for New Client
OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million…
OSX Obtains US$ 850 Million for FPSO OSX-2
OSX 2 Leasing B.V., a subsidiary of the OSX Brasil S.A., entered into a facility agreement with a syndicate of international banks lead by ING, Itaú-BBA and Santander…
OSX Brasil Announces New Operational Plan
OSX Brasil S.A., announced a new Plan of Activities, to be implemented by its subsidiary OSX Construção Naval S/A, for production of offshore oil and gas E&P equipment…
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