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Transpetro Signs Contract for Tankers

Maritime Activity Reports, Inc.

December 8, 2008

According to a report from Business News America, Transpetro, the transport arm of Brazil's federal energy company Petrobras (NYSE: PBR), has signed a contract with the Eisa shipyard for the construction of four Panamax oil tankers. The $349m deal is part of Transpetro's fleet renewal program.

(Source: Business News America)