Brazilian Shipping Company CBO Makes Another Important Acquisition

The Offshore Oil and Gas Sector in Brazil and Brazilian Maritime Transportation Are Thriving, Leading Brazilian Company to Acquire the PSV Standard Supporter Vessel

The CBO Group, a Brazilian maritime transportation company, announced on Wednesday (11) the recent purchase of the PSV Standard Supporter, which will be renamed CBO Supporter, marking a new phase of fleet expansion for the company with the chartering of high-spec vessels.

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The vessel was built in Norway in 2009, has DP2, 4900 dwt, Clean Design, Comfort Class, Oil Recovery Class, and Firefighting 1 Class. Its deck has 1033m2 of clear area and 10t/m2 of strength, and its tanks are capable of transporting diesel, water, mud, brine, cement, oily water, methanol, and other special products (fifteen NLS tanks). It has a diesel-electric propulsion system, is efficient in diesel consumption, and accommodates up to 25 people.

The vessel is currently operating in the North Sea under the management of Fletcher Group, a UK-based company, and has an excellent operational track record with major operators. The CBO Supporter will be available for new opportunities in 2020 in Brazil, the North Sea, or other promising markets.

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Should you require more information about the technical specifications and availability of the CBO Supporter, the maritime transportation company CBO is available for contact here.

About CBO Group

The CBO Group is a rapidly expanding navigation company.
The main focus of the company is the construction and operation of medium-sized offshore support vessels, as well as inspection and underwater construction vessels.

Acquired by two Private Equity funds, Vinci Partners and Pátria, in partnership with Bndes Par, the company has an aggressive growth plan to expand its fleet through construction at its shipyards.

In addition to having a fleet of 33 vessels, the Group includes the following companies: Oceana Shipyard and CBO Navigation, the latter having a crew of over 800 maritime professionals trained at one of the most modern Training Centers in Brazil. It also has a support base, Base Macaé, and its headquarters in Niterói.

The company has executives with extensive experience in the sector and adheres to the highest principles of QSMS (Quality, Safety, Environment, and Health) and operational efficiency, as well as accident prevention programs—aligned with the high quality standards and processes of its controllers.

With a strong investment plan, the CBO Group seeks to be among the leaders in the industry, increasing its fleet both in number and technological content, while maintaining its commitment to the domestic industry.

What Are PSV Type Support Vessels?

Platform Supply Vessels (PSVs) are vessels designed to have a high storage capacity with the aim of supplying offshore facilities (oil platforms), meaning the transport of individual goods.

A wide variety of different products is transported by these vessels, such as: water, oil, fuel, cement, gravel, tools…

The crew of PSVs typically consists of around 20 crew members.

Sources: CBO Group and Memory Project.