HOME

LAW FIRM

TEAM

OFFICE PERFORMANCE

PUBLICATIONS

CONTACT

OMBUDSMAN

Brazil plans R$ 41.7 billion in investments through merchant marine fund

Brazil’s Ministry of Ports and Airports has announced a new investment portfolio totaling approximately R$ 41.7 billion, to be financed through the Merchant Marine Fund (FMM), aimed at expanding shipbuilding capacity and port infrastructure.

The portfolio includes approximately 890 projects, covering:

  • construction of over 600 vessels
  • ship repair and modernization activities
  • development of shipyards and port infrastructure
  • implementation of transshipment terminals

The investment program is expected to generate significant economic impact, including job creation and expansion of Brazil’s maritime logistics capacity.

Market implications

The initiative reflects a broader policy to:

  • revitalize Brazil’s shipbuilding industry
  • strengthen maritime logistics and offshore support capacity
  • support oil and gas, offshore and inland navigation sectors

The scale of the investment signals continued government commitment to the maritime sector as a strategic component of Brazil’s energy and logistics infrastructure.

Legal considerations

Projects financed through the FMM may require legal support in relation to:

  • financing structures and regulatory compliance
  • shipbuilding and infrastructure contracts
  • local content and public funding requirements
  • port and maritime regulatory frameworks

Photo: Canva

MORE PUBLICATIONS

Energy price volatility and domestic maritime costs

Energy price volatility and domestic maritime costs

Global oil price volatility, geopolitical tensions and vessel availability constraints continue to affect maritime transportation costs worldwide. For Brazil, these global dynamics are directly relevant to cabotage and offshore logistics, where bunker prices, charter...

Bunker cost volatility and fuel regulation

Bunker cost volatility and fuel regulation

Brazil’s cabotage market is facing increased pressure from freight costs and sharp fluctuations in bunker fuel prices. Bunker fuel remains one of the largest operating expenses for vessel operators, and volatility can directly affect the economics of maritime...

AFRMM exemption and the cost of maritime competitiveness

AFRMM exemption and the cost of maritime competitiveness

Brazilian shipping companies are advocating for a five-year extension of the non-incidence of the AFRMM on certain navigation operations. The sector argues that maintaining the exemption is important to preserve cabotage competitiveness, reduce logistics costs and...