Category: Last News

  • Navalshore in Rio de Janeiro

    Navalshore in Rio de Janeiro

    By Rafael Bortoloti

    From Tuesday (20th), to Thursday (22nd), Rio de Janeiro will host the 18th edition of Navalshore, the largest maritime industry trade show in Latin America. The event brings together the key players in the sector at a crucial moment of technological transformation and innovation. With a total of 49 presentations and 110 exhibitors, Navalshore reaffirms its role as the epicenter for strategic discussions and knowledge exchange in the maritime industry in the country.

    Among this year’s participants are major companies such as Belov Engenharia, Grupo Bravante, Transpetro, and Vale, highlighting the event’s broad scope and influence. WSB Advisors will also be present, represented by Ronaldo Lima, Senior Advisors at WSB, who will actively engage in discussions and networking.


    “Navalshore offers a valuable opportunity for networking and discussing current market scenarios with both our existing clients and potential new contacts. Moreover, it serves as a platform to strengthen relationships and forge new connections. We are at a time of great challenges and opportunities, and participating in this event is essential for align our strategies and consolidating our market presence. It will be a unique and enriching experience,” says Ronaldo Lima.

    Ronaldo Lima and Lilian Schaefer, vice-president of Abeam / Syndarma
  • Eiffel Tower and offshore: an analogy

    Eiffel Tower and offshore: an analogy

    Francisco Francilmar from PRIO made a compelling analogy between the EiffelTower ’s enduring legacy and the potential longevity of offshore oil and gas assets.

    Just as the Eiffel Tower has surpassed its intended lifespan through robust engineering and consistent maintenance, some offshore structures have also exceeded their projected lifespans, continuing to operate safely and efficiently.

    In Brazil, over 20 offshore units and fields will reach their life-of-field limits within the next decade., while our country currently lacks both a regulatory framework and the necessary infrastructure to dismantle and dispose of these assets responsibly. This imbalance extends beyond our borders when “oil and gas” waste is exported to other regions for dismantling, often in under-regulated environments. While some cases, such as the FPSO Fluminense from Shell being correctly disposed of in Denmark ‘s. M.A.R.S, set a positive precedent, much work remains to ensure sustainable practices.

    Francilmar’s initiative to highlight the importance of extending the life of existing fields and offshore units is aligned with an immediate and viable solution for our industry. By doing so, we can maximize the social and economic benefits of these assets while preparing to develop the necessary regulatory framework and infrastructure to manage their eventual disposal sustainably.

    We recognize Nelson Queiroz Tanure ‘s PRIO as a key player in this segment and encourage society and nvestorsto place ustainability at the forefront of their decision-making processes.

  • Mooring System Failures: A Cause for Concern 

    Mooring System Failures: A Cause for Concern 

    By Alexandre Vilela

    In the last 30 days, we’ve seen an alarming series of mooring line ruptures on Petrobras platforms P-38 and P-19, with 3 incidents on P-38 and 2 on P-19. These events, though unexpected, highlight the critical importance of reliable mooring systems, especially during the rough seas of the winter season. Despite the additional capacity built into these systems, their integrity should not be compromised under such conditions.

    At WSB Advisors, we believe that the monitoring of mooring line tension should go beyond computerized models and ROV inspections. We advocate for the use of mechanical means to ensure accurate and real-time tension verification, a technology we are ready to provide to the market.

    It’s time to reinforce our approach to offshore safety.

  • WSB Advisors – Staff Announcement

    WSB Advisors – Staff Announcement

    WSB Advisors is pleased to announce the appointment of Genesio Ramos as our New Building Lead. With an extensive background and recognized expertise in the shipbroking industry, Genesio will collaborate closely with Paulo de Tarso Rolim de Freitas and Ronaldo Lima to drive excellence in our shipbuilding and repair segments.

    Genesio has already made significant contributions to WSB Advisors through various chartering opportunities, and his expanded role comes at a time as the Brazilian market enters a new phase of shipbuilding and new building charter activity.

    Exciting times at WSB Advisors as we continue to grow and innovate.

  • WSB Advisors – Staff Announcement

    WSB Advisors – Staff Announcement

    WSB Advisors is pleased to announce that Daniel Buckley has assumed the role of Chartering Manager at WSB Advisors, increasing the seniority of our team. Daniel brings loads of experience to this position, having previously served as our Tankers and Projects Lead.

    A seasoned professional in the shipping industry, Daniel’s career includes significant roles at Stolt-Nielsen Limited, Pannonia Ethanol kft, and Pole Shipping, with a decade of valuable experience working in Geneva, Switzerland. Since joining WSB Advisors in 2016, Daniel has continuously demonstrated his expertise and commitment, contributing significantly to our success.

  • WSB Advisors – Staff Announcement

    WSB Advisors – Staff Announcement

    WSB Advisors is glad to welcome Pedro Pellegrini as Intern, Market Intelligence in our Commercial team.

    Pedro joins us from CODERTE, from Rio de Janeiro, as Intern in the design and development of Guanabara Bay passenger transport projects.

    Our new member is to conclude his Naval Architecture and Marine Engineering at the prestigious Federal University of Rio de Janeiro.

    comercial@cms.oneenergynews.com
    www.cms.oneenergynews.com

  • New FPSO in Brazilian waters

    New FPSO in Brazilian waters

    The FPSO Maria Quitéria arrived in Brazil last week, ready to boost production at the Jubarte Field in the Parque das Baleias, Campos Basin, by 100,000 boed. Chartered by Petrobras, the vessel has the capacity to process up to 5 million cubic meters of gas per day and inject around 330,000 bpd of water, connected to eight production wells and eight injectors.

    Built by Yinson, the FPSO left China in May of this year. The Maria Quitéria is scheduled to start operations by the end of this year, moving up the initial timeline which set its operational start for 2025.

  • WSB.One: all information on your screen

    WSB.One: all information on your screen

    Unlock the Power of Information with WSB Advisors!

    Ever wondered where to find the most comprehensive database in the offshore sector?

    Introducing WSB.One – your ultimate resource for integrated and cross-referenced data on vessels, contract durations, technical specifications, and much more.

    Experience the convenience of having all this critical information just a few clicks away, right at your fingertips.

    Curious to learn more? Reach out to us at commercial@cms.oneenergynews.com

  • Petrobras confirms gas  in Colombia

    Petrobras confirms gas in Colombia

    By Rafael Bortoloti

    Petrobras has confirmed the presence of gas at the Uchuva-2 well, an extension of the Uchuva-1 discovered two years ago. Located in the Tayrona Block in the Guajira Basin in Colombia, Uchuva-2 is situated 31 km off the coast at a depth of 804 meters.

    Petrobras is the operator of the block with a 44.44% stake, in partnership with Ecopetrol, which holds 55.56%. Although WSB typically focuses on news from Brazil, this discovery in Colombia highlights Petrobras’s growing international presence in South America. The company has been expanding its portfolio and establishing new offices abroad, potentially creating opportunities for Brazilian drilling companies.

    Another important aspect is the specific challenges of exploration in Colombia. Our Geologist Anidio Correa, Leader of Environmental Projects at R&D at WSB Advisors, explains that the origin of the basins and sediments in the region is distinct, which may require the use of different types of vessels.

    “It changes everything. Exploration in Colombia will bring new challenges for Petrobras, as these wells are different from those found in Brazil. This region of the Caribbean has a unique environment, heavily influenced by volcanism. The origin of the basins and sediments is completely different, as is the composition of the rocks and the thickness of the layers. This may require, for example, the use of a drillship different from the ones commonly used in Brazil,” says Corrêa.

  • Exciting news at WSB Advisors

    Exciting news at WSB Advisors

    We are thrilled to announce that Raphael Montes, who has been with WSB Advisors since 2017, has become a partner in WSB Advisors S.A. with Class A shares. Besides his role as Proposals Manager, Raphael has now been empowered as Director of WSB Advisors, holding rights over the commercial commitments of our group.

    This significant milestone displays our commitment to recognizing and rewarding the dedication and talent within our team. Raphael’s journey with us has been marked by exemplary performance, leadership, and a deep understanding of our vision and values.

    WSB Advisors, a fully owned subsidiary of Westhon, operates under the strategic leadership of our Managing Partner, Alexandre Mattar Vilela. Our mission remains steadfast—to deliver unparalleled service and value in the shipbroking, market intelligence, and engineering sectors.

    Join us in congratulating Raphael on this well-deserved achievement! Stay tuned for more updates as we continue to grow and excel.

    “I am personally very proud to share this announcement with our community, positive that Raphael Montes will continue to be a listener, and further a motivator and a judge of my own efforts as CEO of our organization”, says Alexandre Mattar Vilela.

  • Petrobras PSV Tender Results Announced

    Petrobras PSV Tender Results Announced

    By Alexandre Vilela

    Initially intended to hire 2 vessels, the tender’s demand fluctuated into 10 ships than back to 2, eventually offering 4 units at closure, with notable high-side outliers.

    Highlights:

    (Bram Offshore): Two competitive bids with Brazilian-flagged, Norway-built (Simek A/S) vessels, aligning with current market averages.

    Wilson Sons and Posidonia Shipping: Off-the-charts bids, indicating future market directions.

    The Chouest units are currently engaged with Petrobras in the Equatorial Margin under foreign flag contracts until Q4 this year. (For detailed insights, courtesy of WSB One, please contact us.)

    Key Insight:

    Chouest will release BRAM tonnage when the Sapura Navegação Marítima vessels conclude their current term. As previously reported by WSB Advisors, these PLSVs will be demobilized for the new contract set to commence in Q1 2025.

    Stay tuned for more updates and industry insights by following our page.

  • AHTS tender: an update

    AHTS tender: an update

    By Alexandre Vilela

    Petrobras closed the AHTS tender, with plans to hire up to 7 AHTSs and one OTSV. The amplitude on rates is worth noting.

    TS: Asgaard with AHTSs offered at USD 31k, for comparison below the last OSRV average rates.

    Asso Marítima Navegação Ltda (Augusta Offshore S.p.A.) just below USD 40k, with Solstad Offshore ASA and GRUPO CBO – Companhia Brasileira de Offshore in the mid-40s set the marketplace trend for now. CBO offered their largest AHTSs, out-priced for this category.

    TO/OTSV: CBO and OceanPact Serviços Marítimos rates are not far apart for similar-sized AHTSs, mid to high USD 60’s. However, compared to the TS rates, they are nearly double and not far from the OTSV rate at USD 78k for a much more complex unit.

    Results expertly compiled by the WSB Advisors team, bringing you the latest updates on this significant development.