Merchant Marine Fund Will Allocate Over R$ 518 Million for Financing New Projects in the Naval Sector and Port and Maritime Support
During the 46th Ordinary Meeting, held last Thursday (03/18), the Board of Directors of the Merchant Marine Fund (CDFMM) approved an allocation of over half a billion reais for financing new projects in the Brazilian naval sector. Looking for a job? Siemens is recruiting in its factories in RJ, SP, MG, CE, and PR for candidates without experience for 100 openings
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The prioritized naval sector projects refer to the construction of vessels, monetary updates, resource supplementation, conversion and repair, and port and maritime support.
Projects for the Naval Sector Approved by the Merchant Marine Fund
Port Support – Monetary update for the construction of a river tugboat (R$ 1.46 million), and monetary update and resource supplementation for the construction of two river tugboats (R$ 12.55 million).
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With a length of 121 meters and four rigid sails of 36 meters that automatically rotate to capture the wind, Canopée is the world’s first hybrid industrial cargo ship powered by wind, used to transport rockets and reduce fuel consumption by up to 30% on transoceanic routes.
Maritime Support – Construction of two ships, one of the RSV type and one of the SDSV type (R$ 207.43 million).
Cargo – Construction of a river convoy consisting of 1 azimuthal river tugboat, 3 box-type barges, and 6 raked-type barges (R$ 53.74 million), and construction of 60 grain barge vessels, being 36 of the box type and 24 of the raked type (R$ 201.98 million).
Conversion/Repair – Repair for class certification of two ships, one of the PSV type and one of the WSV type and conversion of two vessels, both of the PSV type (R$ 21.59 million); Repair for class certification and conversion of one vessel of the PSV type (R$ 12.79 million); and Repair and maintenance of one vessel of the UT-4000 type (R$ 6.74 million).
The resolution of the Board of Directors of the Merchant Marine Fund with the projects that have received priority will be published in the Official Gazette and companies will be eligible to contract financing through accredited financial agents (BNDES, BB, CEF, BNB, and BASA).
The next Ordinary Meeting of the Board of Directors of the Merchant Marine Fund is scheduled for July 1, 2021. Interested parties have until May 3 to submit projects to obtain financing priority with FMM resources.

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