Foreign Ship Rentals Are Now Authorized by the Cabotage Law Approved by the Senate

Written by Valdemar Medeiros

Published on 12/12/2020 at 09:02

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Senate Approves Law That Allows Rental of Foreign Ships for Brazilian Cabotage Services

A bill was approved in the Senate, in the Chamber of Deputies, that progressively allows the use of foreign ships in cabotage navigation, without the obligation to contract the construction of vessels in Brazilian shipyards. Following the publication of the future law, companies in the sector will be able to charter a bareboat, which in this case means renting one or more empty ships for use in cabotage navigation.

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In the Senate, the report by Deputy Gurgel (PSL-RJ) was approved, which extends the transition period for the rental of foreign ships for cabotage purposes from three to four years.

Law Approved by the Senate States That More Than One Ship May Be Rented One Year After the Law Comes Into Effect

Once the law approved by the Senate has been in effect for one year, two ships may be rented; in the second year of effectiveness, three ships; and in the third year of the change, four ships. From then on, the number will be unrestricted, subject to the safety conditions defined in regulations.

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Approved Report by the Senate Dispenses with Authorization for Chartering

Another novelty in the report is the waiver of authorization for chartering a foreign ship for a trip or for a period, to be used in cabotage navigation as a substitute for another ship that is being refurbished in national or international shipyards.

Foreign Ship Rentals Are Now Authorized by the Cabotage Law Approved by the Senate

Senate Approves Law That Allows Rental of Foreign Ships for Brazilian Cabotage Services

Read Also

Law Approved by the Senate States That More Than One Ship May Be Rented One Year After the Law Comes Into Effect

Approved Report by the Senate Dispenses with Authorization for Chartering

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Foreign Ship Rentals Are Now Authorized by the Cabotage Law Approved by the Senate

Senate Approves Law That Allows Rental of Foreign Ships for Brazilian Cabotage Services

Read Also

Law Approved by the Senate States That More Than One Ship May Be Rented One Year After the Law Comes Into Effect

Approved Report by the Senate Dispenses with Authorization for Chartering

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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A Brazilian municipality relies on 97% federal money, has 14 secretariats, 11 councilors, and a budget of R$ 131 million, but only 915 people are formally employed, and no one knows how the other 25,000 live.

Japan teaches the world how giant arched gates weighing up to 530 tons protect Osaka from devastating typhoons, block storm surges in minutes, and drain 330 m³/s to prevent urban flooding.

One of the biggest mudslides ever recorded on the Trans-Amazon Highway trapped trucks, cars, and motorcycles at the same spot for three consecutive days while a tractor with a winch tried to free them one by one under the rain.

The São Paulo government opens 1,700 spots in free courses in the capital and Greater São Paulo, with classes starting on April 27 and registrations available in person or online for areas with high demand in the job market.