So Paulo News

31 Mar 2020

Brazil Blocks Costa Cruise Crew from Coming Ashore Due to Coronavirus

Costa Fascinosa (Photo: Costa Cruises)

A Brazilian court has barred crew members from disembarking from the Costa Fascinosa cruise ship anchored with no passengers at the port of Santos after some of their mates developed coronavirus symptoms, city authorities said on Monday.All passengers on the ship, which has a capacity for 3,800 passengers and crew, were disembarked on March 17 at Santos and only the crew remained in quarantined.Santos is Latin America's largest port and where most of Brazil's agriculture commodities are exported.Last week…

23 Mar 2020

Dock Workers at Brazil's Santos Port Call off Strike Vote

© bannafarsai / Adobe Stock

A union representing the on-demand dock workers has called off a vote that had been scheduled for Monday on whether to hold a strike at Latin America's largest port over concerns about risks from the coronavirus outbreak.In a statement on Sunday, the union - which said it represents about 5,000 people - said the cancellation of the vote was due to a request from government officials.

13 Nov 2019

China to invest billions in Brazilian Port

China will make a billion-dollar investment in the Brazilian port of Sao Luis via China Communications Construction Company, two sources with direct knowledge of the matter said on Wednesday.Speaking on condition of anonymity, the sources said the announcement will be made at the summit of leaders of Brazil, Russia, India, China and South Africa, the so-called BRICS group of emerging nations, who are meeting in the Brazilian capital for a two-day summit.The deal will be part of the largest foreign direct investment into Brazil this year, one of the sources said, without revealing any figures.Economy Minister Paulo Guedes said on Wednesday that Brazil is seeking closer integration with China…

11 Nov 2019

Vale cuts Iron Ore Sales Outlook Range

Brazilian iron ore miner Vale on Monday said it now expects sales of iron ore and pellets to be between 307 million and 312 million tonnes in 2019, further reducing its full-year outlook as it grapples with the aftermath of a deadly dam burst.Vale has been compelled to halt production at various facilities because of safety worries after the collapse of a tailings dam in the town of Brumadinho that killed more than 250 people in the company's second fatal accident in less than four years.The miner had initially forecast that 2019 sales would stand at the midpoint of a range of 307 million to 332 million tonnes, before saying in October that it expected them to come between the lower end and the midpoint of the range, which would have been 319.5 million.The outlook change is due to "greater

13 Aug 2019

Brazil Addresses Biofouling

Pic: International Maritime Organization (IMO)

Biodiversity can be threatened by organisms which can build up on ships' hulls and other marine structures, a process known as biofouling.A press note from International Maritime Organization (IMO) said that during a workshop in Arraial do Cabo, Brazil (5 August), experts on biofouling and invasive species and others took the first steps towards setting up a national task force to tackle the issue.According to the UN body, Brazil is one of 12 lead partnering countries in the GEF-UNDP-IMO GloFouling Partnerships project…

23 Jul 2019

Sedna Yachts Builds 100ft Superyacht

Image: Sedna Yachts

Brazilian shipyard Sedna Yachts has officially commenced production of its new ‘One Hundred Feet’, a project signed by Italy’s Marino Alfani Design."This is the first time that we build a yacht above the 30m threshold and so a new entry to the Brazilian superyacht order-book," said the Sao Paulo based shipyard.The 100ft custom yacht with streamlined contours has been created with two different layouts, meeting the needs of both European and Brazilian owners alike.“All my designs…

01 Jul 2019

Engie Crosses 1.5 GW Renewable Capacity in India

Image: Engie

French power group Engie’s total renewable capacity in India now exceeds 1.5 GW. The company recently bagged a 200 MW onshore wind project in the state of Gujarat from Solar Energy Corporation of India.ENGIE is all set to sign a 25-year power purchase agreement (PPA) with Federal Government entity, SECI.Earlier, Engie won a 280 MWp solar project from Gujarat Urja Vikas Nigam Limited. The project—part of the Raghanesda solar park—is currently under development. Under the scope of the project…

21 Jun 2019

Modec Signs LOI for FPSO with Petrobras

Image: MODEC

MODEC Inc. received a letter of intent (LOI) from Petróleo Brasileiro for the supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for the Búzios field.The firm time charter period of the contract is 21 years, it said in a press release.The new LOI will be the fifth FPSO deployed at the Búzios field, however it is the first chartered production unit for the region. Búzios is one of the offshore oil and gas fields in Brazil which forms part…

22 Apr 2019

TechnipFMC Orders Vallourec Pipes for Mero 1

Image: Vallourec

The provider tubular solutions for the energy markets Vallourec Soluçoes Tubulares do Brasil has been awarded by TechnipFMC in Brazil to supply around 12,000 tons of seamless steel rigid line pipe with outside diameters 8” and 10”.The pipe will be used in the fabrication of the riser and flowline system for interconnecting 13 wells (6 production wells and 7 water alternate gas injection wells), to be installed in the pre-salt field Mero 1, which is part of the giant Libra reservoir.Libra covers an area of 1…

29 Jan 2019

Commonwealth, Nekton Explore Ocean Depths

Commonwealth’s Director of Trade, Oceans and Natural Resources, Paulo Kautoke and the CEO of the Nekton Foundation, Oliver Steeds. Pic:  Commonwealth

The collaboration of Commonwealth and Nekton Foundation  and other partners, First Descent will launch a multidisciplinary exploration of never-before-accessed ocean territory.The expedition ship, a floating research station, will set sail from Seychelles in March equipped with cutting-edge subsea technologies, including a submersible capable of descending hundreds of metres into the ocean, and some of the world’s top scientists on board to test the health of the ocean.A launch of the initiative will take place at Marlborough House…

26 Dec 2018

Soldier-run PDVSA and AWOL Oil Output

© natanaelginting/Adobe Stock

Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos de Venezuela SA, or PDVSA.The career military officer, who for the past year has been boss at the troubled state-owned oil company, was at no ordinary mass. The gathering, rather, was a ceremony at which he and other senior oil ministry officials asked God to boost oil output."This place of peace and spirituality…

23 Aug 2018

Coffee Exporters Struggle to Find Ships for Brazil Bumper Crop

© Stanislav Komogorov / Adobe Stock

Brazilian coffee exporters are struggling to find shipping capacity to transport a bumper crop from the world's top producer, which could result in supply delays to roasters worldwide.Abundant overall supplies in consuming countries, however, will limit any near-term impact from shipping delays of Brazil's new crop and are not yet seen impacting coffee prices that are 12-year lows.Farmers in Brazil are finishing what the government and industry expect to amount to a record coffee…

19 Mar 2018

Brazil Set to Auction Seven More Port Licenses

© superbbs / Adobe Stock

Brazil will announce on Monday that it will auction seven additional port operating licenses as part of its privatization efforts, a government source told Reuters on Monday. The licenses relate to port terminals in the northeastern states of Paraíba and Pernambuco as well as in the state of São Paulo in southeast Brazil, the source said, requesting anonymity because the auctions have not yet been made public. The government plans to auction several port licenses in 2018, Reuters reported on March 1…

08 Mar 2018

Ex-Petrobras CEO Bendine Convicted of Corruption in Brazil

Aldemir Bendine, the former chief executive of state-controlled oil firm Petroleo Brasileiro SA and Banco do Brasil, was found guilty on Wednesday of corruption charges and sentenced by a federal judge to 11 years in prison. Judge Sergio Moro ruled that Bendine used his position at Petrobras to take 3 million reais ($924,527) in bribes from construction firm Odebrecht. "The condemned took his position as CEO of Petrobras amid a corruption scandal and with the expectation that he would solve problems," Moro wrote in his ruling. Bendine's legal team did not immediately reply to requests for comment. His attorneys said throughout the trial that he was innocent and that no company received special benefits from Petrobras or Banco do Brasil under his leadership.

17 Jan 2018

Santos Port to Suspend Shipments of Live Animals

© Stockninja / Adobe Stock

The company that operates Latin America’s largest port in the Brazilian city of Santos said on Friday it will suspend shipments of live animals. The company detailed its decision in a letter seen by Reuters that was sent by state-run Companhia Docas do Estado de São Paulo to a congressman. A press officer at Codesp, as the state-run operator is known, said the letter was authentic. Later, the company sent a statement confirming the suspension. The statement said that kind of operation…

04 Dec 2017

DP World Increases Stake in Brazilian Port to 100%

Photo: Embraport

DP World has completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuários (Embraport) in Brazil from Odebrecht Transport (OTP). This transaction increases DP World’s shareholding to 100% and the terminal will be rebranded to DP World Santos. DP World Santos is the largest Brazilian private multi-modal port terminal and operates in the Port of Santos, which is the busiest container port in Latin America handling 3.4m TEU in 2016 and has strategic access to sea, road and rail, and 90% of the cargo is destined for Brazil’s most populous city, São Paulo.

28 Nov 2017

Voices: Paulo Cesar P. Freitas, Norsul

(Photo: Norsul)

To better understand the challenges faced by ship operators in Brazil, Maritime Reporter’s correspondent in Brazil spoke to Paulo Cesar P. Freitas, Fleet Manager for Norsul Shipping company, one of the major shipping operators in Brazil. Established in 1963 and operating continuously ever since, “Companhia de Navegação Norsul”, as it is called in Portuguese, is one of the leading private maritime commerce companies in Brazil. Norsul specializes in dry-bulk, neo-bulk cargoes, general cargo…

11 Oct 2017

Clipper Bulk Consolidates

(File photo: Clipper Group)

Denmark based Clipper Group said it will simplify its operational and administrative setup in its core business area, the dry bulk market. Clipper will concentrate its bulk business in Copenhagen, Houston and Hong Kong going forward, closing its offices in Stamford, Sao Paulo, Rio de Janeiro, Singapore and Beijing. The company's offices in Barranquilla, Tokyo and Nassau will remain unchanged. “We want to make communication more effective and our response time to market changes shorter.

05 Oct 2017

Clipper Bulk Consolidates

Photo: Clipper Group

Clipper will simplify its operational and administrative set-up in its strongest field of business, bulk. "Going forward, we will concentrate our bulk business in three locations: Copenhagen, Houston and Hong Kong. Consequently, we will close our offices in Stamford, Sao Paulo, Rio de Janeiro, Singapore and Beijing. Our offices in Barranquilla, Tokyo and Nassau will remain unchanged and continue to serve our local business partners," said a press release from the company. The prepared statement continued, "In the new set-up, we will maintain global presence.

05 Jul 2017

Fugro Continues IMR Work for Petrobras

Fugro Aquarius (Photo: Fugro)

Fugro said it has been awarded a further two-year contract by Petrobras to provide inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. Operations commenced in May 2017. The new award follows Fugro’s completion of an initial 12-month contract for the oil major, after taking delivery of the newbuild vessel Fugro Aquarius. Built specifically for the Brazilian market by Wilson Sons shipyard in São Paulo, with local content of more than 60 percent, Fugro Aquarius is an 83-meter, DP-2 ROV support vessel.

20 Apr 2017

Supply Chain Advantages for Brazilian-European Trade

After the successful participation in Intermodal South America in Sao Paulo (Brazil), the port of Antwerp in collaboration with the local industrial and agricultural federations organised a business seminar with networking in the nearby state of Minas Gerais. The event was attended by 50 or so prominent Brazilians including shippers, ship's agents and logistics service providers. It was also honoured by the presence of high representatives from both federations, the government of Minas Gerais and the Belgian diplomatic corps in Brazil. Minas Gerais is the second-largest industrial state and export region in Brazil, with a highly diversified economy. Leading exports include metal products, ores and minerals, coffee, meat, soya and to a certain extent also fruit.

13 Apr 2017

China's CMG in Talks for Advent's Brazil Port Stake

China Merchants Group Ltd is in advanced talks to buy Advent International Corp's 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port, O Estado de S. Paulo newspaper said on Thursday. According to Estado, which cited unnamed sources familiar with the transaction, talks with the Chinese state-run company known as CMG gained momentum after Advent's negotiations with Dubai-based DP World Ltd hit a snag. Reuters reported in August that Advent had hired Morgan Stanley & Co and Grupo BTG Pactual SA to sell the TCP stake. Sources said at the time that Advent wanted to fetch a price for the stake that could set a minimum value of 3.5 billion reais ($1.1 billion) for TCP.

04 Mar 2017

Inside Brazil's Cruise Slump

Photo: Claudio Paschoa

Brazil is still attracting cruise lines, such as Norwegian Cruise Line, which is bringing a ship to Brazil for the first time in the 2016/2017 season. However, hard numbers do not bode well for the industry as the number of cruises dropped by more than half in four years, with a staggering 54 percent decrease in the number of regular cruise ships on the Brazilian coast. In 2012, the season had 15 regular ships, while this year there will be only seven, and the number of passengers boarding at Santos port will be 42 percent lower.

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