BNDES approves supply vessel construction loan

Brazil's national development bank BNDES approved a $122 million loan for Companhia Brasileira de Offshore (CBO) to construct four multipurpose platform supply vessels (MPSV-3000) to provide support to oil rigs. The vessels, which will be financed by the Merchant Navy Fund, will be built by Alian?a Shipyard in Niteroi.

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