1. Home
  2. / Construction
  3. / The head of the Enseada shipbuilding yard, ex-Odebrecht, reveals that the shipyard, including the port terminal that is in operation, will be sold and the notice will be published soon
reading time 3 min read Comments 0 comments

The head of the Enseada shipbuilding yard, ex-Odebrecht, reveals that the shipyard, including the port terminal that is in operation, will be sold and the notice will be published soon

Written by Flavia Marinho
Published 23/10/2024 ร s 17:28
shipyard - sale of shipbuilding - notice - odebrecht - novonor - enseada
Be the first to react!
React to article

The sale of the Enseada Shipyard, formerly owned by Odebrecht, and port terminal in 2025 promises to generate billions. See the implications of this major sale!

Enseada Shipyard, located in Maragogipe and belonging to the Novonor group (andx-Odebrecht), will be sold. The information was confirmed by the company's president, Ricardo Ricardi. According to him, all assets will be put up for sale in 2025, including the port terminal, which is already in operation.

O edict should be published soon, with bidding expected for the first half of next year.

The company has been undergoing judicial recovery since 2019 and needs to settle around R$3 billion in debts

The company, which has been undergoing judicial recovery since 2019, is seeking to settle around R$3 billion in debt. The crisis began in 2014, when the incentive policy for the naval industry ended. To attract buyers, the sale will be divided into three parts: Private Use Terminal (TUP), the shipyard, which recently resumed operations, and an area dedicated to the renewable energy industry.

SPORTS AND FITNESS โ€“ FREE MARKET

SPORTS AND FITNESS โ€“ FREE MARKET

Furthermore, the Private Use Terminal (TUP), which already handles mineral and vegetable bulk, is considered the most attractive and viable asset for sale. If the assets do not find buyers who satisfy the demands of the main creditors โ€” Caixa Econรดmica Federal and Banco do Brasil โ€”, the company will continue operating the business, with the expectation of selling the assets at a new opportunity.

The shipyard will return to operation with the construction of 80 barges and is already competing in bids that promise to generate 3 jobs

Another important point is that the shipyard will return to operation with the construction of 80 barges, each with the capacity to transport 2,9 tons. These barges will be destined for LHG Mining, a company of the J&F group, in a contract valued at R$500 million. For this project, Enseada formed a consortium with Tenenge, which holds 25% of the business, while the shipyard participates with 75%.

This contract signals the resumption of operations of Enseada Shipyard and may open doors for new projects. The expectation is that this move will dispel doubts about the shipyard's ability to mobilize for larger projects. According to Ricardi, the company is already competing in bids that could involve up to 3 workers.

Enseada is participating in competitions for owners of Petrobras support vessels

Furthermore, the Enseada is also participating in tenders for owners of Petrobras support vessels. However, the president highlighted that the current volume of operations in the port terminal is still below its true potential. With the reactivation and new contracts in sight, the company hopes to improve these numbers and attract new business.

These actions are seen as crucial to the company's recovery and to ensure that it continues to operate if the sale process does not progress as planned. The outlook is positive, but the sale depends on market interest and creditors' acceptance.

Register
Notify
guest
0 Comments
Older
Last Most voted
Feedbacks
View all comments
Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact her for suggestions, job openings or advertising on our portal.

Share across apps
0
We would love your opinion on this subject, comment!x