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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

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...

Newsletters

Articles

Offshore tightening as a structural global trend

Offshore tightening as a structural global trend

Global offshore activity continues to expand across both oil & gas and renewable sectors, contributing to a tightening in vessel supply and offshore service capacity. Market Impact This trend is expected to: intensify competition for offshore vessels and...

LRCAP auction strengthens LNG and gas-to-wire model

LRCAP auction strengthens LNG and gas-to-wire model

Brazil’s 2026 Capacity Reserve Auction (LRCAP) has played a key role in advancing the integration of natural gas infrastructure and power generation, reinforcing the gas-to-wire model in the Brazilian energy market. The auction resulted in the contracting of a...

Vessel supply constraints and contracting pressure

Vessel supply constraints and contracting pressure

Industry consultants have highlighted growing concerns regarding a potential global shortage of offshore vessel capacity, driven by the rapid expansion of offshore activities across both traditional oil and gas and emerging renewable energy sectors. Demand for...

Offshore wind auctions expected to advance

Offshore wind auctions expected to advance

Brazil’s government is expected to approve guidelines for offshore wind auctions at an upcoming meeting of the National Council for Energy Policy (CNPE). The decision will define the regulatory framework necessary to launch the country’s first auctions for offshore...

Brazil prepares first large-scale battery storage auction

Brazil prepares first large-scale battery storage auction

Brazil’s Ministry of Mines and Energy is expected to publish in April 2026 the ordinance establishing the regulatory framework for the country’s first auction dedicated to large-scale battery energy storage systems. The auction will be conducted under the Capacity...

OPEC maintains forecast for oil demand growth

OPEC maintains forecast for oil demand growth

The Organization of the Petroleum Exporting Countries (OPEC) has reaffirmed its projections that global oil demand will continue to grow through 2026 and 2027, with consumption expected to increase by approximately 1.4 million barrels per day in 2026 and 1.3 million...

Logistics operators expand investments in Brazil

Logistics operators expand investments in Brazil

According to the Brazilian Association of Logistics Operators (ABOL), approximately 68% of logistics companies have increased investments in Brazil, focusing on digitalization, infrastructure upgrades and operational efficiency. These developments are particularly...

Petrobras procurement outlook

Petrobras procurement outlook

Petrobras continues to launch procurement opportunities across offshore services, subsea operations and maritime support activities, reinforcing Brazil’s position as one of the most active offshore markets globally. Several ongoing tenders highlight the sustained...

Opportunities in Brazil

Opportunities in Brazil

Brazil remains one of the most attractive jurisdictions for offshore energy investment globally, supported by large-scale pre-salt production, a strong pipeline of offshore projects and a regulatory framework that continues to evolve. In the coming years, the...

Key Petrobras bid opportunities – sourced from Petronect

Key Petrobras bid opportunities – sourced from Petronect

National Deadline for proposal Engineering, construction, and supply for OSPLAN pumps and substation decommissioning. 23/03/2026 Engineering risk and onshore liability insurance for RNEST Train 2. 16/03/2026 Engineering, construction, and supply for OSPLAN pumps and...

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