Realizing the Promise of Brazil Shipbuilding
If and when Brazil gets its maritime act together, oh what a shipbuilding market force it could be. The modern Brazilian shipbuilding industry was established in the 1960s, induced by a broad and effective governmental policy. The 1960s and 1970s saw the rise of the merchant marine and shipbuilding industry in Brazil. The creation of the “Merchant Marine Fund” and the “Tax for the Merchant Marine Renewal,” in 1958, together with other specific targets set by the government at that time, made investments available to the shipbuilding industry and for the development of the merchant marine in general. Counting on such incentives, new shipyards such as Ishibras and Verolme were built…
What You Need to Know to Operate Offshore Brazil
For companies interested in operating in Brazil, it is important to understand the country. • ABAC – Brazilian Coastal Ship Owners Association. In addition, it also lodges the companies of the Port Support segment. Syndarma is a proponent of the Brazilian maritime sectors, demonstrating to the public the importance of the employment of Brazilian registered vessels in Brazilian waters as well as the necessity to expand the Brazilian merchant fleet, the return of its position of importance to the country’s external commerce and its participation on the exploration of the O&G reserves on the Brazilian coast. Syndarma has 48 associated companies in the coastal…
