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Ariovaldo Rocha News

22 Jan 2015

Shipbuilding, Repair and Conversion: Brazil's Quick Fix

The growth trend continues in the Brazilian shipbuilding industry, a trend that has been relatively constant during the last five year. While shipbuilding is ‘ship shape,’ the reality of the Brazilian ship repair industry is somewhat muddled, populated by only a few dedicated repair yards as the focus has been squarely on newbuild. On the other hand, Brazil’s ship conversion industry has enjoyed steady growth, growth directly related to orders from Petrobras, mostly to convert VLCC tanker hulls to FPSOs. According to Ariovaldo Rocha, President of SINAVAL (Ship Construction, Repair and Offshore National Syndicate), the investments in the shipbuilding industry have reached around $56.5 billion in the last decade and since 2004 the industry growth has averaged 19.5% per year.

09 Sep 2014

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…

07 Jul 2010

Brazil Shipbuilding: A Forecast

The rise and fall of the Brazilian shipbuilding market is well-known, having plummeted from the top of the world list in the early 1980s to the bottom by 1999. Today, Brazil is storming back, an amazing revival of the nearly defunct shipbuilding industry driven by the sudden influx of orders from major offshore oil & gas players, namely Petrobras. Today the shipbuilding market in Brazil has in excess of 100 firm orders for ships in a variety of shapes and sizes, in addition to a large number of drill rigs and production unit orders. In addition, companies from around the globe are flocking to Brazil to set-up shop and engage in the industry’s renaissance.