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By Andrew Willis, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The local Rio economy is enjoying a large injection of funds from the state’s shipbuilders, as local content rules and strong orders from Petrobras, Brazil’s semi-public oil company, put pressure on suppliers. The shipyards are currently pumping around R$2 billion into the purchase of materials, equipment and services from local suppliers in the state, the O Globo newspaper reported last week (August 18th).

Transpetro, the transport-orientated subsidiary of . . .

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