Petrobras has paid firm rates to hire two products tankers from Union Maritime of the UK.

It is understood to have fixed the 47,000-dwt Portman (built 1998) for three years at $17,600 per day — or $19m for the charter period.

Union Maritime bought the ship as Barents Sea from SCF Group (Sovcomflot) for $8.5m in July last year.