Petrobras Sues Samsung Heavy Industries

Wednesday, March 27, 2019

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.

Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy, Samsung said in a regulatory filing. Samsung delivered the vessel to U.S. shipowner Pride Global Limited in 2011.

Samsung said it was not involved in the charter agreement signed between Petrobras America and Pride Global Limited, saying it will actively counter the legal dispute.


($1 = 1,135.1100 won)

(Reporting by Hayoung Choi, Hyunjoo Jin; Editing by Kim Coghill)

Categories: Legal Shipbuilding Vessels Drilling Drillships

Related Stories

DOF Nets Extension for Skandi Mariner AHTS

Fugro Secures Four-Year Extension for Heerema's Heavy-Lift Fleet

Eni Kicks Off Coral North FLNG Drilling Campaign Off Mozambique

Current News

Onshore Cable Installation at Maasvlakte for Offshore Wind Enter Final Phase

Sonardyne Begins Seabed Monitoring for Offshore CCS Project

HPR Secures Taiwan Offshore Wind Deal After High-Current ROV Trials

BP Takes Operatorship of Three Namibia’s Offshore Licenses in Eco Farm-Down

Subscribe for OE Digital E‑News