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...
NEWSLETTERS
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
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...
Petrobras–DOF contracting and the tightening offshore vessel market
Petrobras and DOF have entered into contracts totaling approximately R$ 1.1 billion for the chartering and operation of four RSVs, reinforcing the continued strength of Brazil’s offshore services market. The transaction highlights Petrobras’ demand for specialized...
Rota dos Sertões highway concession auction held at B3
The concession auction for the Rota dos Sertões (BRs 116 and 324, in the states of Bahia and Pernambuco), covering nearly 500 kilometers of highways with projected investments of R$4.3 billion over 30 years, was held at B3 on May 28, 2026. The auction notice approved...
Offshore growth and execution discipline
Global oil and gas markets continue to reward producers capable of delivering production growth with capital discipline and operational efficiency. In this context, Brazil’s offshore sector stands out due to Petrobras’ profitability, rising liquids production outlook...
Offshore execution and port infrastructure remain central to Brazil’s growth strategy
Petrobras has highlighted the success of bringing new offshore platforms into operation ahead of schedule, reflecting improvements in project execution, supplier coordination, commissioning and maritime logistics. In parallel, the Brazilian federal government has...
BNDES expands Nova Indústria Brasil investment to R$300 billion
Brazil's National Development Bank (BNDES) announced an expansion of resources allocated to the Nova Indústria Brasil (NIB) program to R$300 billion by the end of 2026, in the presence of Vice-President Geraldo Alckmin and the Ministers of Finance and Industry. The...
Brazil’s liquids production outlook gains momentum
OPEC has raised its projection for Brazil’s liquids production in 2026, estimating growth of 270,000 barrels per day and an average output of 4.7 million barrels per day. The previous projection was approximately 4.6 million barrels per day. Market Impact The revised...








