Petrobras’ shipyard to build 20 ethanol barges nearly ready

In Brazil, Petrobras’ transportation arm Transpetro is getting ready to launch its shipyard in Aracatuba, in Sao Paulo state that will build $400 million worth of barges meant to transport ethanol. The 20 barges will transport ethanol along the Tiete-Parana waterway starting in 2013, doubling the river’s capacity and replacing 80,000 round-trip truck trips.