Image used for illustrative purpose only. Image Credits :CTV SeaLoader 2; Source: MOL
1 minute read

Petrobras gearing up for talks about new CTV shipbuilding deal

The charter contract was signed for the CTV SeaLoader 2, which started working for Petrobras on a trial period in January 2022 and completed more than 30 crude oil offloading operations from the Brazilian player’s FPSOs located in the Santos Basin off the coast of Brazil, transferring the cargo to tankers.

These trials involved vessels up to VLCC size. Following the conclusion of the trial period, the vessel was placed on a time charter contract in 2023. Furthermore, MOL claims that only two CTVs currently exist in the world, all owned by SeaLoading, which holds the patent for the CTV technology.

However, the firm has now signed a MoU with Petrobras to enter into negotiations for a new CTV shipbuilding contract by the end of 2024. The Japanese shipping giant explains that the crude oil produced from offshore fields with FPSOs is usually transported to the demand area via crude oil tankers.

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