Brasco, APM Terminal Pact for Offshore Support
Brasco, a part of the Brazil's provider of integrated port and maritime logistics and supply chain solutions Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex.It will be the first offshore port support operation to take place in Ceará, said a press note from APM Terminals, an international container terminal operating company headquartered in The Hague, Netherlands.Scheduled to start in the first half of 2020, the logistics base will support the drilling of a well in block CE-M-717, located in the Ceará Basin and operated by Premier Oil, the British oil company.Among the services to be provided are cargo receiving and storage…
Southern Exposure: Wilson Sons' Sergio Guedes Talks Towage
The influx of ships and rigs sailing into and out of Brazilian ports since the discovery of large pre-salt plays off Brazil in 2007, and the opening of new ports and shipyards during the past decade has led to a sharp increase in towing operations in Brazil. MR spoke to Sergio Guedes, Director of Operations at Wilson Sons Towage, about the towage and salvage markets in Brazil. Wilson Sons Group is one of the largest integrated operators in port and maritime logistics in Brazil. The company has more than a century of experience and is also present in shipbuilding and offshore support services. Its towage fleet is present in ports all along Brazil’s lengthy coast.
Brazil's Wilson Sons 2012 Profit Down Slightly
Wilson Sons Limited announces its results for the Fourth Quarter and full year 2012. Wilson Sons Limited, through its subsidiaries, is one of Brazil's largest providers of integrated port and maritime logistics solutions. Its principal operating activities are divided into the following lines of business: Port Terminals, Towage, Logistics, Shipping Agency, Offshore, and Shipyards. The Company's Net Revenues reached USD 645.3M, and EBITDA USD 151.5M for 2012, 7% lower than the previous year. The drop is mainly a result of the end of a temporary Petrobras operation with Brasco, as well as the discontinuation of dedicated operations in the logistics business. "We will remember 2012 as the year we concluded important projects which significantly improved capacity.
Brazil's Wilson Sons Report Strong Q3 2012 EBITDA
Port & maritime logistics services providers Wilson Sons Ltd. records record EBITDA of US$ 47.4-million in the third quarter of 2012. The Company recorded Net Revenues of USD 157.5-million and record EBITDA of USD 47.4-million in the third quarter of 2012. "This quarter results confirm the consistency and robustness of our business plan. Despite a period of macroeconomic uncertainty, the Company generated very strong operating cash flow" said Cezar Baiao, CEO of Operations in Brazil. The drop in revenues is mainly a result of the depreciation of the average BRL rate, as well as the end of a temporary Petrobras operation with Brasco, and discontinuation of dedicated operations in the logistics business.
Brazil's Wilson, Sons, Record Increase in Towage, Offshore Business in Q1 2012
The Company recorded Net Revenues of USD 157.2M, in line with 1Q11 figures. There was, however, healthy increase in Towage (up 34,9%) and Offshore (up 12,5%), due to better pricing and an increase in the number of vessels in operation. Currently, the Company has 3 tugboats and 5 PSVs in different phases of construction at the Guaruja Shipyard. The strategy to increase and renew its fleet is part of the Company's desire to meet the demand in the oil & gas industry and international trade flow. The new Guaruja II shipyard, the new Offshore and Towage vessels, and Tecon Salvador's expansion works are the major contributors to the quarterly CAPEX of USD 43.0M.
ASL Marine Gowing Strong
If there is a slowing in the marine industries no one told the people at ASL Marine in Singapore. Among other projects the shipyard is building a series of Roto Tugs, a series of large PSVs and a 196.8-ft dive support vessel. In November ASL was nearing completion of another in their series of diesel-electric emergency vessels for the Danish firm Esvagt. These red boats are equipped with five Cummins KTA19D powered 485 kW generators. This series of vessels carry C-names. Earlier vessels included the Esvagt Carina, Cassipeta, Carpathia, Champion, Caroline, Contender, Cobra and Castor.
