Port of Vitória – ES Partners With BR Distribuidora to Expand Maritime Diesel Supply in the State

The Expansion of BR Distribuidora’s Operations at the Port of Vitória – ES Is a Reflection of the Growth in Port Movements in the Region

Through tank barges, BR Distribuidora began supplying marine diesel to the Port of Vitória in the state of Espírito Santo. The barges can navigate to any terminal in the Vitória channel where the ship is docked. The last of the 4 tankers contracted by Petrobras performs the first operation in the pre-salt of the Santos Basin

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According to BR Distribuidora, this modal has increased service capacity by up to ten times compared to road transport (tank trucks).

According to the company, the expansion of its operations in Espírito Santo reflects the growth in port movements in the region, thanks to the strategic geographical location and characteristics of the local oil and gas market.

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“This scenario opened space for BR to invest in cabotage distribution, which brings benefits not only by optimizing logistics but also by increasing the marine diesel supply in the region,” says the company.

BR Distribuidora was already supplying diesel to port vessels via tank trucks. With the expanded supply capacity, they can now serve offshore support vessels, seismic research vessels, dredging vessels, port support vessels, cabotage vessels, long-haul vessels, and other vessels that require diesel for their operations.

The first load was dispatched at the end of 2020. According to BR, the operation has already achieved a significant milestone, with a delivery taking only three hours from the customer’s order to the start of supply.

“The new modal introduced by BR allows for emergency refueling of large volumes in a short time frame with excellent flexibility for date and time adjustments. Currently, the service capacity is up to 1,150 m³ of marine diesel per delivery, with a flow rate of up to 150m³/h,” informs BR Distribuidora.

BR Distribuidora Acquires 70% of Targus for R$ 62 Million to Operate in the Electricity Trading Market Across Brazil

BR Distribuidora has initiated its first acquisition as a private company. The company announced its entry into the electricity trading market. It enters a sector where its main competitors are already established, such as Raízen.

BR Distribuidora had to disburse 62.1 million reais (US$ 11.5 million) to acquire a 70% stake in Targus Energia. The transaction also includes profit mechanisms and options for buying and selling the remaining 30%.

“As a result of the acquisition, it will engage in the buying and selling of electricity to its customers, complementing its current product portfolio, as well as attracting new customers in the market by offering management services in the free market and distributed generation products,” said BR.

The contract stipulates payment over the next four years. It also includes a clause for additional disbursements, depending on the achievement of targets, and an option to acquire the remaining 30%.