Brazilian logistics firm Transpetro is gearing up to kick off a procurement process in May, aiming to contract four large-size vessels for its state-run parent company, Petrobras. This move aligns with President Luiz Inacio Lula da Silva’s push to strengthen the country’s naval industry, seen as crucial for job creation amid previous downturns due to corruption scandals.
In an interview on Thursday, Transpetro’s CEO, Sergio Bacci, disclosed to Reuters the impending launch of the procurement process, pending approval from Petrobras within its governance framework. Bacci indicated that the contracts are expected to be finalized within the year, with the first vessel slated for delivery by the end of 2026. However, specific financial terms of the potential transaction were not divulged.
At an oil event in Rio de Janeiro, Petrobras CEO Jean Paul Prates unveiled the oil giant’s intention to propose a new program to the government. This initiative seeks to position Petrobras as a linchpin in the revitalization of Brazil’s shipbuilding sector, underlining a strategic commitment to the nation’s industrial progress.
The move by Transpetro and Petrobras underscores a joint effort to rejuvenate Brazil’s maritime infrastructure and drive economic growth through domestic manufacturing capabilities. With an emphasis on nurturing local expertise and creating job opportunities, the initiative aligns with broader governmental objectives for industrial development and self-sufficiency.
The upcoming procurement process presents substantial opportunities for both domestic and international stakeholders in the maritime and logistics sectors, signaling potential collaborations and investments. As Brazil aims to regain its status as a maritime leader, collaboration between public and private entities will be critical in realizing this ambitious goal.
Source: reuters
