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Competitive neutrality and the return of brazilian shipbuilding

Competitive neutrality and the return of brazilian shipbuilding

Transpetro President Sérgio Bacci has stated that the procurement model adopted for the company’s recent vessel acquisition programs allowed Brazilian shipyards to compete on equal terms with international yards. The tenders were structured as open international...

Petrobras expands its West African upstream portfolio

Petrobras expands its West African upstream portfolio

Petrobras has completed the acquisition of a 27.5% interest in Block 4, offshore São Tomé and Príncipe. The company joins a consortium comprising Shell, as operator, Galp and the local petroleum authority. The acquisition complements Petrobras’ existing interests in...

Cabotage recovery supports maritime investment

Cabotage recovery supports maritime investment

Brazil’s cabotage market recorded growth of approximately 5.6% in the second quarter, indicating continued recovery in domestic coastal shipping. The increase reflects stronger cargo volumes and growing demand for alternatives to long-distance road transportation....

Record VLCC contracting and the tightening tanker market

Record VLCC contracting and the tightening tanker market

Global contracting of very large crude carriers has reached historically high levels, according to MSI, reflecting renewed confidence in long-term oil transportation demand and the need to replace aging tanker capacity. The increase in orders occurs as shipowners...

Shipbuilding qualification and the return of Mauá

Shipbuilding qualification and the return of Mauá

Mauá’s receipt of the necessary tax clearance certificates strengthens its ability to participate in public and private tenders. Tax, labor and social security regularity is generally a key qualification requirement in procurement procedures and may also affect access...