Port of Santos Bullish on 2017
In a year of changes and challenges in the national and global scenarios, Companhia Docas do Estado de São Paulo (Codesp) (Santos Port Authority) has developed actions to maintain the position of the Port of Santos as the main port complex in Latin America. The largest port complex in Latin America, is forecasting to move a record 120.6 million tons of cargo in 2017. CODESP estimates that the cargo movement through the Port of Santos totaled 113.475 million tons in 2016. The port aims to "not only the largest but the best port to operate"…
Morandi to Head GustoMSC’s Houston Office
Dr. Alberto Morandi has been appointed to the position of General Manager of GustoMSC’s office in Houston. He will be responsible for running the office and will act as point of contact for GustoMSC’s U.S. clients. GustoMSC is a design and engineering firm serving the offshore energy sector, and its U.S. office represents the company’s design solutions, associated hardware and specialist consultancy and engineering services in the local markets of the U.S. and the Americas. With Dr. Morandi’s appointment, GustoMSC said it aims to further ensure close working relations with its local clients and to facilitate easy access to the technical expertise of its headquarters in the Netherlands. Dr.
Coffee Exporters Struggle to Find Ships for Brazil Bumper Crop
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…
Eimskip Acquires Mareco in Belgium
Eimskip has strengthened its position in worldwide reefer logistics services by acquiring 80% of the forwarding company Mareco N.V. The company was founded in 2002 and its headquarters are located in Antwerp,Belgium. The current management team will continue to own a 20% share in the company and will manage its operations. Mareco employs 26 people in two locations, 22 in Antwerp and four in Sao Paulo, Brazil. Mareco focuses on reefer logistics services, especially export to West, Central and South Africa from all over the world. Main commodities are seafood, chicken, pork and beef.
Inside Brazil's Cruise Slump
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.
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.
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.
EUROGATE Net Profit Up 13%
EUROGATE can look back on a good financial year, 2015. Despite difficult market conditions the European terminal operators Group increased its net profit by 13.4 percent to EUR 73.5 million (prior year EUR 64.9 million). Container handling at the German EUROGATE locations grew faster than the market. In Bremerhaven, Wilhelmshaven and Hamburg EUROGATE 2015 hit with 8.2 million standard containers (TEU) 1.5 percent more boxes in order as 2014. The entire North Range ports recorded in the same period dropped by 1.6 percent.
Disabled Fishing Vessel Towed to Maine
The 60-foot fishing boat Paulo Marc was towed by the crew of U.S. Coast Guard Cutter Moray after the fishing vessel became disabled Wednesday about 90 miles east of Portland, Maine. Watchstanders at Sector Northern New England’s command center received notification at approximately 1 p.m. Wednesday that the Paulo Marc, homeported in Gloucester, was disabled with four people aboard. The Moray crew launched and arrived on scene to establish the tow at approximately 8 p.m. Wednesday.
Fugro Continues IMR Work for Petrobras
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.
Brazil AG Minister Opposes Proposed Farm Export Tax
Brazil's Agriculture Minister Blairo Maggi said on Thursday before the Senate's Agriculture Committee that he would oppose a government proposal to tax farm exports as a way to cover a growing deficit in the country's social security program. The president's Chief of Staff Eliseu Padilha told the Estado de S. Paulo newspaper published on Thursday the tax was part of a proposal to reform Brazil's social security program. (Reporting by Leonardo Goy; Writing by Reese Ewing)
Clipper Bulk Consolidates
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.
Clipper Bulk Consolidates
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.
Fog Halts Shipping at Brazil's Biggest Port
Dense fog halted the movement of ships in and out of Brazil's biggest port, Santos, early on Monday, according to port administrator Companhia Docas do Estado de São Paulo (Codesp), disrupting shipping operations at a time that sugar exports are at their annual peak. Santos is the main port for the export of soy, sugar and coffee in Brazil, which is one of the world's top producers of those commodities. Last week the port had to shut shipping operations for two mornings also due to thick fog. Reporting by Gustavo Bonano
Voices: Paulo Cesar P. Freitas, 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…
DP World Increases Stake in Brazilian Port to 100%
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.
Santos Port to Suspend Shipments of Live Animals
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…
Petrobras to Seek Builders for Six Platforms
Petroleo Brasileiro SA, Brazil's state-run oil company, as of 2017 will begin seeking offers for the construction of six new offshore oil platforms envisioned in current investment plans, according to a newspaper interview published Sunday. In an interview with O Globo, the biggest daily in the company's home base of Rio de Janeiro, Petrobras' director of exploration and production said the six new platforms, together likely to cost as much as $6 billion, are among eight rigs planned to enter service by 2021, with bidding for the other two contracts already under way. The new platforms, Solange Guedes said, will come on the heels of another 11 platforms already under construction and expected to enter service through 2019.
Empire State Stake, Melbourne Port Among Q3 Sovereign Fund Acquisitions
An Australian port and a stake in the Empire State Building's operator were among assets acquired by sovereign investors such as wealth funds and state pension funds in the third quarter of 2016, with deals totalling $21.2 billion. The combined value of deals was up 38 percent from the previous quarter, helped by a handful of jumbo-sized transactions in the infrastructure, energy and real estate segments, although the number of direct investments fell to 35 from 43 in the second quarter, according to data from Thomson Reuters.
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.
Brazil Set to Auction Seven More Port Licenses
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…
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.
Arpoador Shipyard and Pre-salt FSVs
Logistics hubs and Fast Supply Vessels will be key assets in the complex offshore transport solution Petrobras has devised for moving workers and goods, to and from Brazil’s remote pre-salt plays. Here is a look at a modern local shipyards building the heavy-duty aluminum vessels, with overall lengths ranging from over 30 meters to around 50 meters. Claudio Paschoa, Maritime Reporter’s correspondent in Brazil spoke to Flavio Santarelli, Arpoador Shipyard’s Director of Operations.