Portuguese 
English 
Spanish 
2 min of reading 
Merchant Marine Fund Will Allocate Over R$ 518 Million for Financing New Projects in the Naval Sector and Port and Maritime Support
During the 46th Ordinary Meeting, held last Thursday (03/18), the Board of Directors of the Merchant Marine Fund (CDFMM) approved an allocation of over half a billion reais for financing new projects in the Brazilian naval sector. Looking for a job? Siemens is recruiting in its factories in RJ, SP, MG, CE, and PR for candidates without experience for 100 openings
Read Also
- Nestlé is recruiting candidates with and without experience for openings in RJ, MG, SP, and more regions of Brazil
- 517 job openings, internships, and apprenticeships to work at the multinational Ambev, the largest beverage company in the world, today March 24
- 73 job openings to work at the factory of the multinational General Electric Renewable today, March 24
- Billion-Dollar Investment in the Northeast: The Largest Green Hydrogen Plant in the World Will Be Built in Ceará and Thousands of Jobs Will Be Generated in the State
The prioritized naval sector projects refer to the construction of vessels, monetary updates, resource supplementation, conversion and repair, and port and maritime support.
Projects for the Naval Sector Approved by the Merchant Marine Fund
Port Support – Monetary update for the construction of a river tugboat (R$ 1.46 million), and monetary update and resource supplementation for the construction of two river tugboats (R$ 12.55 million).
-
The nuclear submarine that never arrives: The Álvaro Alberto project has accumulated 47 years of development, R$ 40 billion spent since 2008, and may now be delayed until 2037 due to a lack of R$ 1 billion in the Brazilian Navy’s coffers.
-
Portonave is investing R$ 2 billion to modernize the Port of Navegantes and accommodate ships up to 400 meters, but the project depends on the federal government deepening the channel from 14 to 17 meters, a concession that is at the TCU.
-
At 30, 40, or 50, starting over is no longer an exception: 7 high-demand areas in Brazil value experience, business acumen, and digital proficiency
-
Pork fat discarded by Brazilian meatpackers becomes an unexpected solution to replace petroleum-derived greases and lubricants, reducing friction by 54% in laboratory tests and raising an alert in a US$60 billion global market still dependent on mineral oil.
Maritime Support – Construction of two ships, one of the RSV type and one of the SDSV type (R$ 207.43 million).
Cargo – Construction of a river convoy consisting of 1 azimuthal river tugboat, 3 box-type barges, and 6 raked-type barges (R$ 53.74 million), and construction of 60 grain barge vessels, being 36 of the box type and 24 of the raked type (R$ 201.98 million).
Conversion/Repair – Repair for class certification of two ships, one of the PSV type and one of the WSV type and conversion of two vessels, both of the PSV type (R$ 21.59 million); Repair for class certification and conversion of one vessel of the PSV type (R$ 12.79 million); and Repair and maintenance of one vessel of the UT-4000 type (R$ 6.74 million).
The resolution of the Board of Directors of the Merchant Marine Fund with the projects that have received priority will be published in the Official Gazette and companies will be eligible to contract financing through accredited financial agents (BNDES, BB, CEF, BNB, and BASA).
The next Ordinary Meeting of the Board of Directors of the Merchant Marine Fund is scheduled for July 1, 2021. Interested parties have until May 3 to submit projects to obtain financing priority with FMM resources.
Be the first to react!