Oct 10, 2011
BNDES will finance US$ 226 million in the construction of offshore support ships
The BNDES approved financing of US$ 226 million for the STX OSV Niterói S.A. shipyard to construct three ships to support oil platforms. The vessels were ordered by DOF Navegação Ltda, a shipowner. With total investment of US$ 390 million, the project is part of the Growth Acceleration Program (PAC) and financing is from the Merchant Marine Fund (FMM).