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How is a historic investment boosting the economy, creating jobs and modernizing naval infrastructure in northern Brazil?

Written by Caio Aviz
Published 10/01/2025 às 02:35
Tugboats in operation in the naval sector of the Rio Maguari Shipyard, Belém. Image: Rio Maguari Shipyard
Tugboats in action at the Rio Maguari Shipyard, part of the R$222 million investment in the Brazilian naval sector. Image: Rio Maguari Shipyard

Injection of R$222 million into the naval sector means that Estaleiro Rio Maguari is revolutionizing infrastructure in Belém, generating jobs and boosting the region. See:

The Brazilian shipbuilding industry is certainly about to gain significant momentum. That is why the Rio Maguari Shipyard, located in Belém, has announced an investment of R$222 million. In fact, this project promises to not only create jobs, but also strengthen the port infrastructure. Consequently, regional development will be boosted, in addition to promoting new economic opportunities.

Ambitious project and its impacts

Certainly, the new project, financed by the Merchant Navy Fund (FMM), foresees the construction of four tugboats. Therefore, these vessels will be essential for the operations of the Urussuquara Private Use Terminal (TUP), located in Espírito Santo. In fact, construction on the terminal is scheduled to begin in 2026. Thus, an annual movement of 24 million tons of liquid and solid bulk is expected, which reinforces the strategic importance of the project.

Job generation and regional development

  • Direct jobs: The initiative promises to create 78 direct jobs in Pará.
  • Economic impact: Furthermore, a significant contribution to the local economy is expected, directly benefiting several sectors.

This investment is undoubtedly a response to the growing demand for efficient infrastructure in the maritime transport and logistics sector. Consequently, the flow of agribusiness and mining products will be optimized, generating greater competitiveness for Brazil.

Strategic support from the Merchant Navy Fund

According to the Ministry of Ports and Airports, the FMM is an essential tool for the development of the shipping industry. After all, its main source of revenue is a fee collected when goods are unloaded at Brazilian ports. In 2023, more than R$30 billion was allocated to shipbuilding and maintenance projects. Therefore, the results of this support are visible and significant.

Other numbers are impressive:

  • Project portfolio: R$42 billion in approved initiatives, which demonstrates the robustness of the sector.
  • Ongoing projects: In fact, more than 20 projects are underway in the states of Amazonas, Amapá, Pernambuco, Bahia, São Paulo, Rio de Janeiro, Rio Grande do Sul and Santa Catarina, reinforcing the fund's national scope.
  • Total impact: Furthermore, investments total more than R$10 billion, with the potential to create 8,8 thousand direct jobs, which is an important milestone for the sector.

Sustainability and energy transition

Undoubtedly, the shipping industry is not only an economic pillar, but also an ally in reducing carbon emissions. Therefore, the more efficient use of transport modes can contribute to greener and more integrated logistics. Therefore, the positive environmental impact of this transformation is undeniable. Ultimately, Brazil's climate goals will be achieved, bringing global benefits.

Growth opportunities in the naval sector

Of course, the tugboats built in Belém will be just one part of a larger plan. The aim is to modernize and expand Brazil's logistics infrastructure. The areas benefiting from the FMM include:

  • Long-haul navigation: Fundamental for international trade, contributing directly to increased exports.
  • Cabotage: Furthermore, coastal transport reduces costs and increases efficiency, being essential for integrated logistics.
  • Offshore support: Crucial for oil exploration and production operations, which reinforces the strategic importance of the energy sector.
  • Fishing and passenger transport: In fact, segments that also benefit from incentives, promoting greater accessibility and regional development.

Certainly, with an investment of R$222 million and support from a robust fund like the FMM, Rio Maguari Shipyard reinforces its position as one of the pillars of the Brazilian naval sector. In addition, the economic and social gains demonstrate the commitment to sustainability. Consequently, the modernization of the national infrastructure will be guaranteed, benefiting the entire country.

If you are looking for up-to-date information on the naval sector or want to follow the impacts of this project, keep following us for more news and detailed analysis!

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Caio Aviz

I write about the offshore market, oil and gas, job vacancies, renewable energy, mining, economy, innovation, geopolitics and government. Always seeking daily updates and relevant topics, I expose rich, considerable and meaningful content.

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