English 
Francês 
Alemão 
Italiano 
Japonês 
Norueguês 
Portuguese 
Spanish 
4 min of reading 
0 comments 
Union Between OceanPact and CBO Strengthens Maritime Support, Expands Fleet and Prepares for New Phase of Growth in the Brazilian Offshore Sector
Initially, OceanPact Serviços Marítimos S.A. and CBO Holding S.A. announced, on February 27, 2026, the combination of their businesses.
The transaction was communicated to the market through a Relevant Fact disclosed by the companies.
Furthermore, the transaction will be implemented by the incorporation of CBO’s holding by OceanPact.
-
With Extreme Winds, Giant Waves, and Unrestricted Currents, Drake Passage Is Considered the Most Violent Stretch of the Oceans
-
15th Century Merchant Ship Surprises Archaeologists
-
Odfjell Inaugurates First Operational Green Corridor Between Brazil and Europe Using Sustainable B24 on Maritime Routes and Reinforces Decarbonization Strategy
-
Maré Reveals Secret From 1895: Ghost Ship Kestrel Reappears at Embaré Beach
However, the closing of the transaction still depends on the approval of the Administrative Council for Economic Defense (CADE).
Additionally, approvals in general meetings of the companies and consent from creditors will also be required.
Thus, after the regulatory process is completed, an integrated company will begin operating in the Brazilian maritime support sector.
Strengthening the Structure Creates One of the Largest Vessel Platforms in the Sector
With the union of operations, the combined company will operate a fleet of 73 vessels.
Moreover, according to the announcement made by the companies, the estimated annual revenue exceeds R$ 4 billion.
At the same time, the consolidated backlog reaches around R$ 14 billion.
Therefore, the new structure will bring together assets, contracts and expanded operational capabilities in the maritime support sector.
Additionally, the business combination was structured around four main strategic pillars:
- Strengthening Cash Generation, with increased dividend payment potential
- Expanding Operational Capacity, with a larger base of assets and vessels
- Additional Value Creation, through commercial and operational integration
- Fleet Complementarity, with optimized allocation and reduced average age of vessels
Consequently, greater operational efficiency and diversification of the customer base is expected.
Integration of Fleets and Competencies Expands Operational Capacity
According to Flavio Andrade, founder and CEO of OceanPact, the union of the companies creates new operational possibilities.
He stated that complementary fleets, teams, and competencies are being integrated.
Additionally, the new structure increases flexibility to meet more complex contracts.
Thus, it will be possible to optimize vessel allocation and capture operational efficiency gains.
Furthermore, the executive highlighted new opportunities in specialized services.
Among them are:
- Submarine Operations
- Decommissioning of Offshore Installations
- Environmental Projects
On the other hand, Marcos Tinti, CEO of Grupo CBO, emphasized the strategic moment in the sector.
According to him, the union strengthens the companies’ capacity to support their clients’ oil production growth.
Moreover, the integration will allow value generation for clients, employees, and shareholders.
New Governance Structure and Executive Leadership
With the combination of the companies, a new executive leadership structure has been defined.
In this context, Flavio Andrade will assume the position of CEO of the combined company.
At the same time, Eduardo de Toledo will be the CFO.
Additionally, Marcos Tinti will serve as Vice President of Navigation.
Simultaneously, Haroldo Solberg will be the Vice President responsible for integrating operations.
Besides the executive management, a new Board of Directors has been structured with seven members.
The composition includes:
- Three independent directors
- Three nominated by Vinci Compass, Patria, and Flavio Andrade
- One representative nominated by BNDESPar
According to the companies’ announcement, Luís Araujo will chair the Board of Directors.
New Shareholding Structure of the Combined Company
Upon the completion of the transaction, the new shareholding structure of the company will be distributed among different investors.
Thus, the shareholding will be composed as follows:
- Vinci Compass — 21.8%
- Infrastructure funds managed by Patria — 21.8%
- Flavio Andrade — 13.0%
- BNDESPar — 10.9%
- Executives of OceanPact — 3.8%
- Market — 28.7%
Additionally, as informed by OceanPact, a public presentation to investors is scheduled for March 2, 2026, at 9 a.m.
Sustainability and Innovation Scale Up with the Union of Companies
In addition to operational gains, the business combination is also seen as a catalyst for sustainable innovation.
Thus, the new structure seeks to integrate operational intelligence, safety, and predictive solutions.
Consequently, the company aims to connect operational performance, risk management, and long-term value generation.
In this context, OceanPact, listed on the New Market of B3 and a member of the Corporate Sustainability Index (ISE), already adopts strategies structured into short, medium, and long-term horizons.
Among the initiatives are:
- Management of greenhouse gas emissions
- Promotion of energy efficiency
- Development of low-carbon solutions
At the same time, Grupo CBO achieved a significant milestone in the Brazilian naval sector in 2024.
On that occasion, the company obtained priority financing for a retrofit project for engines using ethanol as fuel from the Merchant Marine Fund.
According to the corporate announcement, the approval could enable a pioneering research and development project in this area.
Thus, the initiative reinforces the group’s commitment to technological innovation and emissions reduction in the naval sector.
Seja o primeiro a reagir!