Brazil targets Maersk, Tide Maritime and Ferchem in Petrobras corruption probe

Rio de Janeiro - Brazil federal prosecutors on Wednesday said shipping companies Maersk, Tide Maritime and Ferchem were targets in the latest phase of a wide-ranging corruption probe

Containers being unloaded

Rio de Janeiro - Brazil federal prosecutors on Wednesday said shipping companies Maersk, Tide Maritime and Ferchem were targets in the latest phase of a wide-ranging corruption probe for alleged graft involving shipping contracts with state-run oil firm Petrobras.

Prosecutors said in a statement that at least $3.4 million in bribes were allegedly paid in relation to 11 contracts between Maersk and Petroleo Brasileiro SA with a value of 592 million reais ($141.07 million).

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