Aiming to meet fleet stability and its 2019-2023 business plan, Transpetro will hire 13 more ships

According to Transpetro's business plan for the 2019-2023 period, released this week, the company will hire 13 ships by 2023.
The vessels will be four Suez with dynamic positioning (DP) and two MR (Medium Range) in 2021, three gas tankers and one Suez DP in 2022 and four Suez DP in 2023.

The contracting regime will be based on the bareboat charter model, which gives the charterer ownership and use of the ships for a specified period, the charterer will have full control and may even choose the captain and crew.
The company's Business Plan for the 2019-2023 period foresees investments of around BRL 4,1 million, totaling a 5% increase compared to the previous business plan, which was BRL 3,9 million.

How is the Transpetro fleet?

Transpetro, a subsidiary and logistics arm of Petrobras, currently has 58 ships in its fleet and with this new order it intends to reach 2023 with the same number in its portfolio.

The calculation is due to the fact that, in this period, 14 ships will go out of operation due to reaching the end of their useful life or contracts will end and the last Promef ship will be delivered.

Please note that on the last day 27/03, the Atlântico Sul Shipyard (PE), delivered the Aframax “Garrincha”, and now the last Promef ship remains, the “Portinari”.
Promef was a program launched in 2004 to modernize and expand Transpetro's fleet.

The main investments according to the 2019-2023 Business Plan will be related in addition to maritime transport, terminal and pipeline operations.

The financing of the projects will come from the generation of operating cash balance, disposal of assets, financing and revenues from the sale of ships, at the end of their useful life, as scrap.

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