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

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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