Topic
brazil
Commodities Petrobras Awards $88.75M Decommissioning Contract to OceanPact for Marlim Field
Brazilian offshore vessel owner OceanPact has secured a R$443.7m ($88.75m) contract from Petrobras to provide pull-out and collection services for flexible lines in the decommissioning of stationary production units at the Marlim field. The work will focus on the risers of the P-18 platform in the Campos Basin. This contract follows a previous decommissioning deal worth over R$1bn with Trident Energy, also in the Campos Basin.
Regulations & Compliance Brazil's Biofouling Rules: $9M Fines Loom for Non-Compliance
Effective June 17, 2026, Brazil's new biofouling regulations mandate commercial vessels over 24m to comply with strict management plans and inspections, with fines up to $9M for violations. Full enforcement begins January 10, 2028.
Logistics Brazil-Europe Green Shipping Corridor Initiative
A consortium led by the Global Maritime Forum and RMI is set to establish a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium. This initiative aims to facilitate zero-emission shipping using e-ammonia and e-methanol.
Logistics AD Ports Expands into Brazil with $835m Agri-Bulk Acquisition
AD Ports Group has made its largest acquisition by purchasing Brazilian agri-bulk terminal operator CLI for $835 million. This strategic move marks AD Ports' entry into the South American market, enhancing its agrifoods business and establishing new trade links.
Trade U.S. Proposes 25% Tariff on Brazil Amid Trade Tensions
The U.S. Trade Representative has proposed a 25% tariff on Brazilian goods, excluding key items, following an investigation into Brazil's trade practices. This move aims to address unfair practices and replace a previously invalidated 50% tariff.
Business SBM Offshore Secures Petrobras FPSO Contracts in Brazil
SBM Offshore has secured contracts from Petrobras for two FPSO projects in Brazil's Sergipe-Alagoas basin. These contracts are expected to enhance Brazil's domestic gas supply and minimize offshore flaring.