• ITVI.USA
    15,462.460
    -34.260
    -0.2%
  • OTLT.USA
    2.752
    0.009
    0.3%
  • OTRI.USA
    20.670
    -0.440
    -2.1%
  • OTVI.USA
    15,437.200
    -29.190
    -0.2%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,462.460
    -34.260
    -0.2%
  • OTLT.USA
    2.752
    0.009
    0.3%
  • OTRI.USA
    20.670
    -0.440
    -2.1%
  • OTVI.USA
    15,437.200
    -29.190
    -0.2%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
American Shipper

NEW BRAZILIAN SHIPPING FIRM AIMS TO BUILD SHIPS

NEW BRAZILIAN SHIPPING FIRM AIMS TO BUILD SHIPS

   Austral, a new Brazilian shipping company, hopes to receive so-called priority orders from the Brazilian government by the end of this month that would enable it to build six 4,600-TEU containerships.

   Based in Rio de Janeiro, Austral is currently owned by Transtermar and by Elonda, a subsidiary of the ship management group VShips. A spokesman for Austral said that Transportes Fink will acquire 25 percent of the company’s shares very soon. Fink is a company affiliated to Transroll Navegacao, the Brazilian shipping group that withdrew from the East Coast of South America/northern Europe and the East Coast of South America/North America liner trades.

   Austral said that it plans to charter ships and enter the East Coast of South America/northern Europe container trade and then the East Coast of South America/North America trade.

   The Austral venture represents an attempt by Brazil to resurrect its container shipping industry. All the major Brazilian shipping companies — including Transroll, Libra and Alianca — were partly or wholly acquired by non-Brazilian companies over the past two years.

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