Brazil’s shipbuilding industry is relaunched The 1.62 million square metre shipyard is part of a R$1.4 billion (£500 million) government investment and is the largest, most modern shipyard in Brazil. The shipyard’s completion in May 2010 was celebrated by the triumphant launch of a Suezmax 274-metre oil tanker, the first major vessel built in Brazil for 13 years. A key impetus for the development of Atlântico Sul was the recent discovery

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