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WWS Set to Stack Entire Fleet?

stander
stander
in Oil, Gas and Energy News

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Two of World Wide Supply’s PSVs under a contract with Petrobras in Brazil have been blocked by Brazilian local tonnage thus jeopardizing their renewal contracts. If these two charters do not get renewed, WWS will have no more active vessels.


World Wide Supply said on Friday the company has received a message that its two remaining vessels on charter to Petrobras, the World Emerald and the World Sapphire, have been blocked by Brazilian local tonnage for the upcoming annual renewal of the vessels Brazilian Certificate of Chartering Authorization (CAA).


http://www.oilandgaspeople.com/news/7601/wws-set-to-stack-entire-fleet/


So the jobs will go to local brazilians, is that the outcome of this?

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