• BIST 107.303
  • Altın 153,246
  • Dolar 3,7141
  • Euro 4,3624
  • İstanbul 20 °C
  • Ankara 10 °C

$8.34bn to spend for the projects

$8.34bn to spend for the projects
The Board of Directors of the Merchant Marine Fund (CDFMM) approved funding for the first 10 ships of the second phase of the Expansion and Modernization Transpetro Fleet Program (Promef).

The Board of Directors of the Merchant Marine Fund (CDFMM) approved funding for the first 10 ships of the second phase of the Expansion and Modernization Transpetro Fleet Program (Promef).

The Board of Directors of the Merchant Marine Fund (CDFMM) approved funding for the first 10 ships of the second phase of the Expansion and Modernization Transpetro Fleet Program (Promef). The Fund will support the construction of seven oil tankers in the South Atlantic Shipyard (EAS) and three vessels for transportation of bunker (fuel oil) Shipyard Superpesa.

The Petrobras Transporte S / A (Transpetro) is a Brazilian company, wholly owned subsidiary of Petrobras. It aims to make the transport of oil and oil products, natural gas and alcohol, using the pipelines and vessels.

The planned investment in these contracts will be $ 3 billion reais (1.71 billion U.S. dollars). In the construction phase, the FMM covers 82% of the investment. The remaining funds are disbursed by the Shipyard (8%) and Transpetro (10%). After delivery of the vessel, the portion financed up to 90%.

The president of Transpetro, Sergio Machado, said that approval of funding raised for ships of Promef II demonstrates the commitment of the Federal Government with the program and the reconstruction of the Brazilian naval industry. "The Fund has guaranteed support for all projects approved by its Board of Directors. We have enough credit and long-term demand. 2009 was a year for the successful shipping industry and the opportunities opening up in 2010 with the launch of the first six ships of Promef are even more encouraging, "he says.

Unlike oil tankers of the first phase of Promef these seven vessels ordered to the South Atlantic will be dynamic positioning (with the ability to maintain their positions in terms of wind and sea provided to operations). It is the first time this type of vessel will be manufactured in Brazil.

The operation of the relief ships have crucial importance to the development of production of oil and gas in the pre-salt (subsalt) layers. This type of vessel transporting oil produced in the offshore areas to the terminals of Transpetro.

At today's meeting (18/12), the CDFMM also approved a funding of 400 million reais (229 million U.S. dollars) for the works in the AtlânticoSul Shipyard, which is being done in the state of Pernambuco (Northeast of Brazil). The AtlanticoSul Shipyard has the largest number of orders of Promef. In all, 22 ships of the program will be built in the shipyard, the largest in Southern Hemisphere. The Promef - who revitalized the Brazilian naval industry - is already generating 15 thousand direct jobs in Brazil and this number of jobs will reach 40 thousand. The program, launched in 2004, provides for the construction of 49 vessels (26 in the first phase and 23 in the second), adding four million dwt of shipping. Already been auctioned 33 vessels, where contracts are U.S. $ 3.9 billion.

The scale generated by the orders of Transpetro program changed the face of the Brazilian naval industry. Brazil has the fifth largest worldwide portfolio of orders for tankers and the projected construction of new shipyards in various parts of the country. Moreover, the Promef is stimulating the naval-parts industry and attracting investors for the construction of ship repair yards.

www.TurkishMaritime.com.tr

This news is a total 1419 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |