Petrolina has successfully acquired ExxonMobil Cyprus Limited the company behind the Esso brand in Cyprus which was finalized on Wednesday through PHL’s fully owned subsidiary marks a significant expansion for Petrolina in the local oil market It runs 68 Esso-branded fuel stations and markets Synergy fuel across the island This acquisition is a key part of Petrolina’s strategy to strengthen its position in the Cypriot fuel distribution sector The move is expected to benefit Petrolina through economies of scale and operational synergies leveraging PHL’s long-standing experience in the petroleum industry ExxonMobil generated €272.4 million in revenue and a net profit of €2.7 million in 2023 The agreed purchase price of €48.6 million is based on ExxonMobil’s net asset value and future prospects Enter your information below to receive our weekly newsletters with the latest insights opinion pieces and current events straight to your inbox As part of its longstanding commitment to social responsibility and supporting those in need Petrolina proudly sponsors the annual "Love Route" organized by the Pancyprian Association "One Dream One Wish" whose goal is to fulfil the wishes and dreams of children and young people with cancer The “Love Route” is a five-day nationwide motorcycle ride where motorcyclists travel through the towns and villages of Cyprus to increase awareness and collect contributions towards the efforts of the “One Dream One Wish” Association The journey began on March 12 and concludes on March 16 The initiative aims to raise awareness about the challenges faced by children and young people battling various forms of cancer it seeks to raise funds to fulfil the wishes of these children and provide psychological and financial support to them and their families the “Love Route” convoy visited the Petrolina’s service station on Kilkis street and the company’s headquarters in Larnaka where they received a warm welcome from the personnel and management team This annual meeting is more than just a sponsorship—it is an event filled with love and solidarity Beyond its financial support for the initiative Petrolina’s employees also make personal contributions to help advance this meaningful cause Petrolina’s sponsorship of the "Love Route" reflects its broader ongoing support for the "One Dream One Wish" Association aiming to fulfill the wishes and dreams of children and young people Petrolina remains committed to supporting humanitarian activities as part of its multifaceted Corporate Social Responsibility program Petrolina once again congratulates the volunteer motorcyclists and members of the Association for their noble efforts Sign up for our daily Newsletter and stay up to date with all the latest news You are receiving this pop-up because this is the first time you are visiting our site You are using software which is blocking our advertisements (adblocker) we are relying on revenues from our banners So please disable your adblocker and reload the page to continue using this site.Thanks The grape market has shown a variable behavior in recent years but currently the rains have affected production Brazilian production has the advantage of a flexible harvest thanks to the climate and special geographical conditions of the Petrolina region which allow us to offer grapes all year round the first half of the year is particularly challenging because the region regularly experiences rain which limits production and can affect export volumes," stated Jerry Ito Logistical difficulties are also a determining factor for Brazil's grape industry which implies land transport costs of $1,500 to $1,600 per container Other obstacles to export include the availability of shipping space and changes in ocean freight prices," Ito stated Brazil has a unique competitive advantage: its vast domestic market "We only export 10% of our production; 90% stays in Brazil producers can cushion the fluctuations of the international market and reduce their dependence on exports," Ito stressed "Coana exports approximately 700 containers of grapes a year and Cherry Crunch varieties," Jerry Ito said One of the biggest difficulties for the sector is the lack of skilled labor subsidies have encouraged informal work and many prefer not to register officially This makes it difficult for certified companies like Coana which must comply with strict international standards We cannot employ workers without formal registration because our certifications require compliance with strict labor regulations Brazil's geographical location makes it difficult to recruit foreign workers because the distances to countries like Colombia or Peru are too great to ensure an efficient flow of labor," he added "We have taken measures to mitigate the effects of climate and improve resource efficiency All of our farms have grape protection systems and we have our own packaging facilities to ensure product quality from harvest to export," he stated For more information: Jerry ItoCoanaBrazilTel: +55 87 3986 1542 /+55 87 98822 3780Email: [email protected]www.coanabr.com.br Renato AlvesCoanaTel: +55 87 3986 1542 / +55 87 9919816467Email: [email protected]www.coanabr.com.br FreshPublishers © 2005-2025 FreshPlaza.com SAM Lote A Bloco B - Edifício Sede do Detran/DF CEP 70.620-000 Central de Atendimento ao Cidadão: 154 (para quem está no DF) ou 0800 644 0154 (para quem está fora do DF) Petrolina informs the public that messages are being sent to mobile phones that misleadingly appear to originate from Petrolina it informs the public that these messages do not originate from Petrolina emphasizing that if they receive any suspicious message they should delete it immediately and avoid taking any action The public is also urged not to open suspicious links and not to disclose any personal or banking information Petrolina does not request personal data via SMS or through unknown electronic links and confirms that there has been no breach of personal data to obtain information only from the official Petrolina website the MyPetrolina application or its verified social media accounts Anyone who has activated the link and/or provided their banking details is advised to inform their bank immediately and to contact the police and the Office for Combating Cybercrime on 22808200 or via the online complaint form Petrolina continues its long-standing support for the Cyprus Anti-Cancer Society strengthening its invaluable work with a contribution of €10,000 The contribution was officially presented during a special event held on Thursday Kostakis Lefkaritis handed over the check to Mr President of the Cyprus Anti-Cancer Society operates with respect for Cypriot society and stands alongside the state consistently implementing a long-standing Corporate Social Responsibility policy that covers a wide range of activities we proudly support the Cyprus Anti-Cancer Society and its important and multifaceted work in the prevention which is the longest-running and largest cancer awareness campaign in Cyprus raising awareness and vital funds for the Cyprus Anti-Cancer Society’s mission The Cyprus Anti-Cancer Society sincerely thanks Petrolina for its long-standing support and contribution to its mission MyPetrolina app Christmas campaign concluded successfully with the announcement of the 10 grand winners each set to enjoy a whole year of free automotive fuel The winners were announced at the Headquarters of Petrolina in Larnaka on January 8 Reinforcing its commitment to rewarding loyal users demonstrated how much it values its community through this initiative The contest’s validity and fairness were verified by the Board of Directors senior executives and company staff of Petrolina (Holdings) Public Ltd have already been informed by MyPetrolina app team These 10 winners earned their prize by using MyPetrolina app for their fuel transactions at Petrolina seizing the unique opportunity to enjoy free fuel for a whole year It’s worth noting that with every transaction made through MyPetrolina app users can collect points and redeem them for various branded products and access information about the nearest Petrolina www.petrolina.com.cy Petrolina (Holdings) Public Limited (PHL) has successfully acquired ExxonMobil Cyprus Limited (EMCL) EMCL generated €272.4 million in revenue and a net profit of €2.7 million in 2023 The agreed purchase price of €48.6 million is based on EMCL’s net asset value and future prospects 10% of the transaction (€4.8 million) was paid upfront with the remainder to be paid upon completion of the deal A bank loan has been secured to finance the acquisition The deal is still subject to approval by the Cyprus Competition Protection Committee Harris Kyriakides acted as legal advisors to Petrolina in this acquisition Petrolina's contribution to the organization of the OPAP Limassol Marathon was dynamic The marathon took place on March 22nd - 23rd with a number of participants exceeding 17,000 runners from Cyprus and abroad Petrolina which has long become synonymous with the OPAP Limassol Marathon as one of its most active collaborators supported this year’s event by sponsoring the “Petrolina 10km Energy Race," which was held on Sunday with a participation record of over 1,500 runners comprised of volunteers from Petrolina including company employees and their families Team members participated in the Corporate 5km Race while others staffed the company’s booth at the Sponsor’s Village Petrolina’s interactive booth brought excitement to runners and visitors alike visitors could embody their inner superhero for a memorable photo moment “Be a Hero in Every Race,” Petrolina conveyed the message that in every aspect of life we can find strength and inspiration to persevere with determination and optimism Executive Director of Petrolina (Holdings) Public Ltd. stating: "Petrolina consistently supports major events that promote sports enhance the culture of healthy competition and volunteerism not only showcase Cyprus internationally but also convey values and ideals that we Sports represent one of the fundamental pillars of Petrolina’s Corporate Social Responsibility strategy Larnaka will welcome thousands of runners who will participate in one of the seven race routes of the 7th Radisson Blu Larnaka International Marathon one of the country’s most significant sporting events Petrolina has proudly supported and "energized" this outstanding event which is distinguished by its organizational excellence and plays a significant role for both society and the environment the Petrolina Energy Team—a volunteer group of Petrolina consisting of company employees service station owners and their families—will participate in the 5km corporate race underscoring Petrolina’s commitment to community and teamwork The event begins with the full marathon (42.195 km) followed by the 5km road race and 5km Corporate race The day wraps up with the Fun Race 1km for adults and the McDonald’s™ Kids Race 1km for children The Radisson Blu Larnaka International Marathon is Cyprus’ first Green Marathon and is proudly held under the auspices of the Environment and Animal Welfare Commissioner For more information: www.larnakamarathon.com Aligned with its commitment to support Cyprus and its people Petrolina continues to support as the Platinum Sponsor of the Let’s Do It This initiative is the largest environmental action implemented in Cyprus achieving the highest level of participation Its aim is to raise awareness and encourage active citizen involvement in issues concerning the protection and sustainable management of our land and marine environments we’ve believed in and supported Let’s Do It Cyprus as it grew into the largest environmental and volunteer campaign in Cyprus," said Georgia Lefkariti Executive Director of Petrolina (Holdings) Public Ltd "Environmental protection is a top priority for us and we are immensely proud of how this campaign inspires communities to take action.” Petrolina joined forces with its Petrolina Energy Team on Thursday for a cleanup at Patticheio Park in Larnaka reflecting its commitment to the campaign’s mission of clearing Cyprus of litter across streets is organized by the Environmental and Social Network Together Cyprus in partnership with and under the auspices of the Office of the Environment and Animal Welfare Commissioner this nationwide movement unites public authorities all dedicated to making a positive environmental impact has taken delivery of two Suezmax shuttle tankers purpose-built for long-term charter to Petrobras Tanker Shipping & Trade takes a tour around the lead vessel Eagle Petrolina was built at Samsung Heavy Industries (SHI) in South Korea where two sister vessels are currently under construction and due to be delivered later this year The second vessel Eagle Paulinia was delivered to AET in July 2020 All four 153,000 dwt vessels have been built to charterer Petrobras’ technical requirements for dynamic positioning 2 (DP2) shuttle tankers in a collaboration with the shipyard SHI class society DNV GL and AET shipmanagement arm Eaglestar The vessels will comply with IMO NOx Tier 3 and SOx emission requirements and each vessel is equipped with electric-driven cargo pumps for enhanced fuel efficiency and high-power thrusters AET president and chief executive Captain Rajalingam Subramanian said: “For AET seeing the agreement we reached with Petrobras two years ago now coming into operation is another important step in growing our specialist dynamic positioning activities in the Brazilian Basin and our partnership with Petrobras Eagle Petrolina further demonstrates our continued commitment to high-quality As a second-generation dynamic position shuttle tanker (DPST) it is more environmentally friendly than current DPST assets operating in the Brazilian Basin.” The Singapore-headquartered company is developing niche vessels in several areas of the oil and gas sector and crude oil and oil product transportation business development and joint venture management Peter Liew said: “Our fleet of more than 80 petroleum and product tankers moves petroleum and chemicals worldwide to meet the world’s evolving energy needs Alongside the provision of conventional energy shipping services we are market leaders in the operation of specialist lightering services in the US Gulf and Latin America and are the only owner and operator of specialised Modular Capture Vessels (MCV) for marine well containment with DP capability We have a growing presence in the niche market of DPST and regard this as a key growth area for our business.” He continued: “As a responsible tanker owner and operator we continue to innovate and pioneer new technologies and invest as part of our fleet rejuvenation strategy into green vessels to ensure we achieve or exceed IMO’s 2030 greenhouse gases strategy obligations We have set our own internal goals to reach the IMO 2030 shipping decarbonisation targets much earlier and her sister vessels on long-term charters with Petrobras will contribute to our efforts to deliver on this ambition and are welcome additions to our fleet.” AET has more than 200 onshore personnel across nine international locations and over 3,000 dedicated and specialised seafarers in its shipmanagement arm The company has its own strict code of business ethics and maintains the highest standards of quality AET sees the introduction of the latest DPST as part of the role that it plays in meeting the world’s need for energy now and in the future Not only is AET committed to providing consistently better energy-related maritime solutions and services toward the transition to a more sustainable energy future the DPST represents a commitment to a safe and secure working environment The company’s investment in high quality assets and infrastructure and building sustainability into every aspect of the business and operations is to ensure its position as a market leader in the field With Eagle Petrolina and Eagle Paulinia in the fleet including two of the world’s first LNG dual-fuel DPSTs with Volatile Organic Compound (VOC) recovery systems which are both on long-term charter with Equinor AET has a further nine DPSTs on order for delivery between now and 2022 making AET’s DPST fleet one of the largest and most modern in the market DPSTs operate in the Brazilian Basin or Norwegian Continental Shelf of the North Sea All the vessels are secured against long-term charters Mr Liew said: “As an energy logistics provider we see the expansion of our expertise and capabilities in the DPST segment as a critical component of our sustainability strategy We are investing significant resource in the training of specialised crew and personnel onshore to support DPST operations We know that we are well-equipped to further build upon our presence in the DPST segment and we have proven that we can transfer our expertise between regions so we can go wherever our customers may need our DPST capabilities in future.” “The core of Eagle Petrolina is the ability to maintain position while offloading cargo from an FPSO” The Petrobras partnership extends back to 2010 when AET entered into a partnership with Petrobras to own and operate two DPSTs This was in addition to providing conventional shipping services as well as conducting highly specialised ship-to-ship transfers (lightering) for other clients using offshore production facilities in the Brazilian Basin The DPSTs operating in Brazil are crewed by mixed teams of Brazilian and international seafarers AET insists on training to high standards and the sea teams are supported by dedicated teams onshore The Eagle Petrolina contract was signed in May 2019 comprising for four newbuild Suezmax DP2 shuttle tankers secured on long-term charters for operations in the Brazilian Basin Eagle Petrolina was delivered to AET on 22 May 2020 and then delivered to Petrobras in Singapore on 14 June 2020 Eagle Petrolina will be joining the two vessels AET already operating in the Brazilian Basin for Petrobras Eagle Petrolina was built at SHI in South Korea where two sisters ships are currently under construction extra health and safety precautions were taken by the AET and Eaglestar site teams which worked closely with the SHI team to safeguard the ongoing construction and delivery Eagle Petrolina is the focus of a joint development project between DNV GL and SHI aimed at developing a ‘Half Crew Ready Smart Ship’; it is the first DPST vessel to have received DNV GL’s SmartShip notation To qualify for DNV GL’s SmartShip descriptive notation a vessel must be equipped with technological features considered as smart technologies in marine applications in accordance with the DNV GL Class Guidelines for SmartShip CG-0508 Eagle Petrolina received the notation for its navigation decision support system with route optimisation features an energy efficiency management system with trim optimisation as well as a ship performance monitoring system The 279 m-long shuttle tanker is also installed with SVESSEL SHI’s own solution to meet the SmartShip standard and managing of information data of the vessel from onshore The core of Eagle Petrolina is the ability to maintain position while offloading cargo from a floating production storage and offloading unit (FPSO) and to withstand the challenging environmental conditions in the Brazilian waters where wave heights can reach 5 m and wind speeds up to 25.7 m/s Five Brunvoll thrusters are installed on the vessel with three bow thrusters of 3.1 MW capacity each (one tunnel thruster and two Azimuth thrusters) and two stern thrusters of 2.2 MW capacity each (one tunnel thruster and one Azimuth thruster) The vessel features a main engine-driven controllable pitch propeller (CPP) and high-lift rudder which is able to move up to 65° port and starboard sides The DP system has four redundancy groups of thrusters so the remaining thrusters can produce sufficient transverse and longitudinal thrust to maintain the vessel’s position and heading Eagle Petrolina is equipped with a WinGD 5X72 main engine with an LP SCR fitted to the main engine and auxiliary engines to fully comply with IMO NOx Tier 3 requirements All machinery equipment can run on low-sulphur fuel oil to meet IMO 2020 0.5% sulphur (SOx) emissions requirements There are four large generators with a total capacity up to 15.4 MW Four high voltage (6.6 KV) switchboards are split in accordance with the DP redundancy configuration with each high voltage switchboard equipped with one generator The DP control system consists of Kongsberg K-POS DP 22 which provides dual redundant control of the thrusters The DP system is equipped with the following position reference system: DARPS 232 – absolute and relative (two sets); Spot track – relative; and Artemis – relative The DP control system also has the following DP sensors: three gyro compasses; three MRUs; and three wind sensors two hose-handling cranes are fitted on board with 11 m outreach certified for personnel transfer for ship-to-ship operations one of eight tonnes SWL and one of two tonnes SWL; a dedicated BLS service crane is also installed The cargo-handling system consists of three cargo pumps The cargo pumps are electric-motor driven to make use of the large capacity power plant required for the thrusters and optimise the auxiliary boilers which will reduce the capex The electric cargo pump also provides better efficiency “Eagle Petrolina is more environmentally friendly than current DPST assets operating in the Brazilian Basin” A MacGregor bow loading system (BLS) is installed to handle the crude oil transfer hose from an offshore loading terminal The BLS is capable of handling axial loads up to 100 tonnes in the incoming hose; to cover the different loading system the BLS coupler can rotate 35° in each direction without limitation around the ship’s horizontal axis and 60° outwards and 40° downwards from the ship’s vertical axis The BLS hose handling winch pulling capacity has been increased to 500 kN to meet operational requirements in the Brazilian waters The BLS has the Green Line system to ensure the cargo system is lined up and the BLS system is properly setup before and during the hose connection automatic shutdown will be activated to trip the oil export pump from the terminal and close the BLS coupler valve and inboard valve (ESD 1) This high-level DP and cargo-handling system would be redundant without highly trained seafarers capable of handling the equipment AET states that training is a key requirement for seafarers and its shipmanagement arm collaborates with the following training partners to provide simulator-based training for sea staff: Kongsberg for DP simulators; McGregor for simulators on BLS; and WinGD and Man B&W for engine simulators To ensure the safety of personnel at sea in light of the Covid-19 pandemic AET has established a pandemic response team chaired by AET president and chief executive officer safety measures include limiting ship-shore interfaces and managing crew changes to the confines of local government control measures and health the vessel is equipped with an integrated navigation system including two sets of ECDIS and conning display The vessel also features an enhanced UHF communication system with fixed base stations and repeater antenna network to ensure full coverage and effective communication onboard Eagle Petrolina: thruster and main engine specification: Petrolina has been distinguished with three prestigious awards at the Cyprus Responsible Business Awards 2023 The company received the Gold Award for the Petrolina Community and Petrolina Kids Community Volunteer Program the Silver Award for Actions Towards Cypriot Society and the Bronze Award for its support and contribution to Sports and Culture Petrolina's creation of the Petrolina Community and Petrolina Kids Community volunteer teams as part of its commitment to social solidarity programs has earned the company the Gold Award in the “Volunteer Program” category The Petrolina Community volunteer team consists of all employees who actively participate in the company’s social initiatives Volunteerism has been embraced and adopted by all employees generosity and solidarity through numerous actions towards Cypriot society Petrolina Community organizes annual blood donation drives involving both employees and management Petrolina earned the Silver Award in the "Society" category for all its efforts under the theme "Petrolina stands by Cypriot society," recognizing Petrolina's broad spectrum of CSR actions The Petrolina Festival is the culmination of the company’s CSR actions Petrolina was honored with the Bronze Award in the "Sports/Culture" category for its consistent contribution and support to sports and cultural activities The company believes that nurturing education and athletic ideals are crucial for building a more progressive society for future generations "These awards affirm our long-standing support and social contribution to our country Our ongoing commitment is to respond promptly and adapt our actions to the current needs of the Cypriot society and economy contributing to a better and sustainable future." Troubled oil importer and retailer Silk Oil has been acquired by Cypriot group Petrolina Petrolina (Holdings) Public Ltd stated that its new 100% owned subsidiary P.W Bunkering Services (East Med) Ltd proceeded on December 31 to the acquisition of 100% of Silk Oil’s share capital in the context of the Cypriot group’s further expansion in Greece Nicosia-listed Petrolina is controlled by Kostakis and Dinos Lefkaritis boasting 60 years of experience in the sector This takeover deal includes all 414 points of sale that Rhodes-based Silk Oil has in Greece as well as its two fuel storage facilities on Crete and on Samos (ANS – Petrolina) – A very significant moment took place for the Salesian St Aloysius Gonzaga Province in the Cathedral of the Sacred Heart of Jesus and Christ the King in Petrolina Brazil: the opening of the beatification process for Bishop Antônio Campelo de Aragão (1904-1988) Salesian of Don Bosco and fourth Bishop of the Diocese of Petrolina (from 1957 to 1975) The celebration was organised by the Sisters Mediators of Peace (Irmãs Medianeiras da Paz) a religious congregation founded in 1968 by Bishop Campelo and which since 2019 has become the 32nd group of the Salesian Family The Mass was celebrated by the Bishop of the Diocese of Petrolina with the Salesians Fr Ilmário de Souza Fr Laércio José and the Superior of BRE Fr Laércio José wrote a message for the occasion  in which he outlined the figure of this Salesian pastor and his relationship with the city community and the diocese which is today supporting his Cause of Beatification deeply involved in the reality of the time He contributed to the development of the city of Petrolina Through the intercession of Mary Help of Christians may he be raised to the  altars of Holy Church Let us pray for the Sisters Mediators of Peace who carry out a beautiful and noble mission I also took part in Bishop Campelo's burial in the Cathedral in Petrolina (…) He is another great saint for the Salesian Family is a city marked by the Salesian presence: its first bishop was also a Salesian “Around a great stone will be born a great nation.” It was prophetic Today Petrolina is the third largest city in the state." shared a public message addressed to Bishop Canindé Palhano and the Sisters Mediators of Peace in which he wrote: "We Salesians of Don Bosco of Northeast Brazil in particular the Institute of the Sisters Mediators of Peace rejoice in the Lord and together we sing a hymn of gratitude to Jesus who raised up in the midst of his Church a zealous and wise our brother Bishop Antônio Campelo de Aragão SDB (4th Bishop of the Diocese of Petrolina - 1957-1975) In addition to his many initiatives for human we recognise in him above all his profound faith a bishop son of Don Bosco who gave himself to the mission with tireless ardour "From the confreres who had the opportunity to live with him" the message concludes "emerges the portrait of a consecrated man convinced and committed to the Salesian mission with an always joyful and helpful response May his example encourage all of us to live a high standard of Christian life in charity towards our brothers and sisters and in the authenticity of our service to the Gospel of Christ." ANS - “Agenzia iNfo Salesiana” is a on-line almost daily publication the communication agency of the Salesian Congregation enrolled in the Press Register of the Tibunal of Rome as n 153/2007 This site also uses third-party cookies to improve user experience and for statistical purposes By scrolling through this page or by clicking on any of its elements Tanker operator AET has taken delivery of Eagle Petrolina shuttle tanker which will be used to offload oil from Petrobras' offshore oil platforms in Brazil built by South Korea's Samsung Heavy Industries is the first of four Suezmax Dynamic Positioning (DP2) Shuttle Tankers purposed built for long-term charter to Petrobras The two companies entered into a long-term charter for the four shuttle tankers in May 2018 The Eagled Petrolina was delivered to AET on May 22 and will begin operations in mid-late June joining the two vessels AET already operates in the Brazilian Basin for Petrobras Eagle Petrolina was built at Samsung Heavy Industries (SHI) in South Korea where her three sisters are currently under construction and due to be delivered later this year all extra health and safety precautions were taken by the AET and Eaglestar site teams working closely together with the SHI team to safeguard the ongoing construction and delivery," AET said The four 152,000 DWT vessels have been built to Petrobras’ technical requirements for DP2 shuttle tankers in a collaboration with SHI DNV-GL and Eaglestar and will operate to the highest operational and environmental standards including full compliance with IMO NOx Tier 3 and SOx emission requirements Each is equipped with electrical driven cargo pumps for enhanced fuel efficiency high power thrusters and are fully capable of operating in weather conditions expected for their class AET currently operates seven DP shuttle tankers (including Eagle Petrolina) and has a further 10 shuttle tankers under construction to be delivered between 2020 to 2022 Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades The offshore rig market recovery appears to have taken a pause with demand tapering off and marketed utilization hitting… Fast-growing energy demand is driving the need for technical support and guidance in new locations dedicated for work at the Greensand carbon capture and storage (CCS) project we excel in creating stunning illuminated yacht names and logos and cutting-edge LED and fiber optic solutions Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service delivered to your Email five times per week AET, an energy logistics provider, took delivery of Eagle Petrolina, the first of four Suezmax dynamic positioning (DP2) shuttle tankers purpose-built for long-term charter to Petrobras Eagle Petrolina was built at Samsung Heavy Industries (SHI) in South Korea where three sister vessels are currently under construction and due to be delivered later this year All four 152,000-dwt vessels have been built to Petrobras’ technical requirements for DP2 shuttle tankers in a collaboration with SHI AET president and chief executive Captain Rajalingam Subramanian said “For AET seeing the agreement we reached with Petrobras two years ago now coming into operation is another important step in growing our specialist DP activities in the Brazilian Basin and our partnership with Petrobras it is more environmentally friendly than current DPST assets operating in the Brazilian basin.” AET’s operational fleet of DP shuttle tankers rises to seven and the company has a further 10 shuttle tankers under construction to be delivered between 2020 to 2022 AET and Petrobras entered into a long-term charter in May 2018 to operate four Suezmax shuttle tankers in the Brazilian Basin and Eagle Petrolina is the first of these contracted vessels The vessel was delivered to AET on 22 May and will commence operations in mid-late June 2020 joining the two vessels AET already operates in the Brazilian Basin for Petrobras Riviera will host a week of free to attend 45-minute webinars focused on maritime air pollution commencing 26 May. Register your interest now True to its long-standing humanitarian actions and the ideals of volunteering successfully organised its annual blood drive among the Group’s employees and management who served as General Manager of Lefkaritis Industries Ltd The enthusiastic response of the Petrolina Group’s personnel as well as the employees from the Petrolina once again confirming their selfless dedication to contributing to society Blood donation events are an important part of the Group’s contribution to society It is worth noting that Petrolina Group established a Voluntary Blood Donation Team in 1998 primarily to provide services to blood donors and their first-degree relatives