Camorim launched ASD tug C-Falcão, built by Detroit Brasil in Itajaí, Santa Catarina. C-Falcão is a sister ship to C-Fênix, delivered last week: 70 tons of bollard pull, 24.35 meters in length and 11 meters of beam.
C-FÊNIX was delivered last week in Rio de Janeiro, on the occasion of the Camorim year end celebration in Marina da Glória where WSB Advisors had the honor to visit and watch the christening by Lalesca Costa. These deliveries are part of five ASD tugs ordered. Next on the line: C-Albatroz, C-Condor and C-Harpia.
Camorim fleet currently exceeds 140 vessels, including PSVs, AHTSs, barges, launches, floating docks, and LHs.
Tag: Shipbroking
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Camorim and C-Falcão
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WSB Advisors at Christmas Dinner
Last Friday (29th), WSB Advisors attended the NBCC – Norwegian Brazilian Chamber of Commerce – Christmas Dinner at Clube Caiçaras, Rio de Janeiro. The event was another fantastic opportunity organized by the NBCC, this time to celebrate 2024’s achievements.
Proudly a Gold Sponsor, WSB joined Equinor, IKM Testing Brasil, Innovation Norway, OSM Thome and Yinson to support in this category. The gathering brought together around 100 attendees, including valued friends from Prosafe, Aalborg, Altera Infrastructure, Knot, and more.In the picture, from left to the right: Pedro Pellegrini (Shipbroking Intern), Daniel Buckley (Chartering Manager), Alexandre Vilela (CEO), Raphael Montes and Genésio Ramos.
We congratulate the NBCC on hosting this memorable evening and look forward to our continued partnership in 2025 and beyond.
WSB – We Support your Business! -
Petrobras RFI Offshore wind
Petrobras has issued an RFI for a pioneering Offshore Wind pilot project near Porto do Açu, Rio de Janeiro. The initiative aims to install a high-capacity turbine (18MW+) 25km offshore, with 32km of submarine cables to form the interconnection system. The project may be contracted in parts or as a complete EPCI (Engineering, Procurement, Construction, and Installation) package.
Set to launch operations by September 2028, the facility will supply power to the grid, off-grid projects, or support the electrification of E&P activities.
This international RFI invites global expertise, particularly from regions like the North Sea, to strengthen Petrobras’ capabilities in offshore wind and foster the development of a robust supply chain for Brazil’s energy transition.
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Brava signs contracts to develop Atlanta and Papa-Terra fields
Brava has announced the signing of three contracts for its first integrated development campaign in the Atlanta and Papa-Terra fields, with an option to develop the Malombe field through a tieback.
The campaign will begin in 2025 and the contracts value, covering the first four wells, is approximately $200 million.
– The Lone Star rig, provided by Constellation Oil Services, will drill and complete the wells in the Atlanta and Papa-Terra fields, with the possibility of a fifth well, to be decided by Brava.
– OneSubsea will supply two wet Christmas Trees, safety equipment used in oil extraction, for the Atlanta field. The equipment for the Papa-Terra and Malombe fields is already in place.
– Baker Hughes will provide flowlines and risers for the Atlanta wells, with an option for Malombe. Existing flowlines will be used for the Papa-Terra wells. -
Camorim cocktail party 2024
Our shipbroking team was invited by Camorim to attend their end-of-year cocktail party at Marina da Glória, Rio de Janeiro. The event also served as a celebration of the delivery of the company’s newest acquisition: the C Fênix.
C Fênix (Source: Camorim) The ASD tug was built in Itajaí and is the first of five vessels of this type to be delivered by the DETROIT BRASIL shipyard. This type of vessel stands out for its improved maneuverability, reduced costs, lower risk of damage, and its hydrodynamic hull. The C Fênix has 70 tons of Bollard Pull, a length of 24.35 meters and 11 meters beam.
We would like to thank Camorim for the invitation and congratulate them for this wonderful event, wishing that C Fênix literally incorporates Camorim´s come back success throughout the coming year.
WSB was represented by Daniel Buckley, Raphael Montes and Pedro Pellegrini -
A Special recognition – Amigo da Marinha Medal
“I am deeply honored to receive the Amigo da Marinha medal, the Invictus Brazilian Navy Marinha do Brasil recognition for services to the Brazilian Navy. This achievement holds special meaning as I reflect on 2024, the year I celebrate 25 years of dedication to the merchant marine.
The journey began humbly when I first walked into Petrobras‘ headquarters to join the cargo shipment control department. Under the guidance of extraordinary mentors, I was granted opportunities to immerse myself in the world of shipping: embarking on tankers, overseeing loading operations, visiting refineries, and even spending time on oil rigs. These formative years awakened the passion for shipping in the grandson of a shipowner, my grandfather Elias Mattar.
Later, Maersk provided me with the incredible MISE program, which I firmly believe to be the best shipping education in the world. My career continued with Shell and culminated in the founding of my own shipbroking firm 14 years ago. Since 2016, with the growth of WSB Advisors, the scope of our operations has expanded into technology, engineering, and beyond.
Recently, my dear friend and business partner Joana Rodrigues helped me realize the impact of this journey—not only on myself but also on the many seafarers and professionals at sea and in land whose livelihoods were touched by the vessels I helped manage, repair, and employ. A lifetime dedicated to the merchant marine has brought a collection of cherished friendships.
This medal also reminds me of the inseparable connection between the merchant marine and the Brazilian Navy. The Brazilian merchant marine has long been a pillar of the nation’s economic strength. From World War II to the present day, merchant seafarers have made incredible sacrifices for the prosperity and sovereignty of Brazil, often with little recognition from society.
Alexandre with Dalton Schmitt (middle) and Pedro Schlegel, from TSA (Source: Brazilian Navy) The Navy has always been a cornerstone of this maritime vocation, educating, preparing, and certifying the seafarers who fuel the lifeblood of the nation’s shipping industry. I am immensely proud to contribute to this tradition in my own capacity and to help promote the success of Brazil’s maritime endeavors.
In the photos, I stand proudly alongside my dear friend and inspiration, Dalton Schmitt, who continues to devote his life to shipping and also received the medal this year.A special mention goes to Mauricio Almeida, who this year celebrates an incredible 50 years of dedication to the industry. Working with Mauricio over the past year has been an honor, and his wisdom and passion for shipping have been invaluable in shaping my ongoing journey.
Alexandre Vilela and Maurício Almeida (Source: Brazilian Navy) To all who dedicate their lives to the maritime vocation, I salute you. This medal is not just a recognition of my efforts but a testament to the shared mission of strengthening Brazil’s maritime legacy”, says Alexandre Vilela, CEO of WSB Advisors.
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Petrobras’ Srategic Plan
Last week, Petrobras released its renewesd Strategic Plan, now covering the period from 2025 to 2029.
Here are some highlights from the oil company’s document:
– The company plans to invest $111 billion across all areas, a 9% increase compared to the forecast for the 2024-2028 period.
– Of this total, $77 billion will be allocated to Exploration & Production (E&P), with 60% directed toward pre-salt assets.
– Petrobras projects total production of 3.2 million barrels of oil and gas equivalent per day (boed), including 2.5 million barrels of oil per day (bpd).
– Ten new production systems are set to be deployed by 2029, utilizing cutting-edge technologies that enable greater efficiency and lower emissions. Nine of these systems are already contracted.
– Production will begin at Raia in 2028, but with Equinor as the operator and Petrobras as the partner.
– There are five projects under development beyond 2029, with six more in the planning stage.
– Investments of $19.6 billion are expected in the Refining, Transportation, Marketing, Petrochemical, and Fertilizer segments, marking a 17% increase compared to the last Strategic Plan.
– A commitment to investing $16.3 billion in energy transition projects.
More details you can check out soon at cms.oneenergynews.com -
FPSO is not mine
Numbers don’t lie as they reveal Petrobras’ strategy for FPSOs. Of the 18 FPSOs set to be contracted, 10 have already been awarded, with 12 of the total slated to be leased units and only 6 owned by Petrobras. This marks a shift, tilting the current 40% leased vs. owned ratio further toward leasing.
But at what lifting cost? (Ineep and Dieese numbers)
For post-salt deepwater, leased units have 15% higher lifting costs.
For ultra-deepwater pre-salt, the difference soars to 50% higher lifting costs for leased units.
Managing and operating FPSOs isn’t Petrobras’ core business. Yet, owning units can provide an economical advantage while also driving Brazil’s shipbuilding and support industries. On tankers, sovereignty and logistical control under state management are clear benefits.
So why the shift to leasing FPSOs? If owned units are more cost-efficient in the long run, is Petrobras prioritizing short-term flexibility over long-term strategy? Cash restrains?
What’s your take? -
WSSV new Bid
Petrobras released a new Well Simulation Support Vessel (WSSV) public tender, approximately one year after re-chartering the Stim Star Arabian Gulf. This new tender allows for up to 3 vessels to be chartered, in which Petrobras most likely seeks to re-absorb the remaining 3 WSSVs already operating in their fleet.
The opportunity will take offers of both Brazilian and foreign-flagged vessels, with current deadline for submissions on December 4th.
This type of tender leads to three contracts for the awarded company(ies): one charter party agreement for the vessel, one services agreement for the well stimulation plant and one agreement for the supply of chemical products.
For further details on this tender or other information about our Offshore segment, please contact us at comercial@cms.oneenergynews.com -
Transpetro Bid
The Transpetro – Petrobras Transporte S. A. TP-25 Shipbuilding Program
The tender for the first four handy-size tankers (15-18 thousand DWT) of Transpetro’s TP-25 shipbuilding program has received a bid from shipyard Rio Grande S.A, in partnership with Mac Laren. Among 20 pre-qualified bidders, this offer quotes around USD 75 million per vessel—a total of USD 300 million for all four units, or approximately BRL 1.7 billion.
The absence of additional contenders and adherence to deadlines, notably without repeated postponements, indicate that Transpetro is moving decisively forward, on their commitment to meeting fleet renewal demands pushing for market alignment. This approach also highlights the potential for Brazilian shipbuilding costs to benefit from scale, achieving greater competitiveness with shipbuilding leaders, especially China.
WSB Advisors is proud to have acted as advisors to the offering group in this tender. As the process advances to the negotiation and approval phases, several critical steps remain before the contract can be finalized. -
Rio de Janeiro will host the next G20 Summit
The city of Rio de Janeiro will host the next G20 Summit on November 18 and 19. Recognized as one of the world’s leading international forums, the event will bring together leaders from 19 countries, along with representatives from the European Union and the African Union. Together, G20 nations gather approximately 85% of global GDP, 75% of global trade, and nearly two-thirds of the world’s population.
You might be questioning : how does this affect WSB?
The theme for the 2024 G20 Brasil 2024 Summit is “Building a Fairer World and a Sustainable Planet,” with a focus on environmental development. Energy transition will be a key topic, closely aligned with an issue central to WSB Advisors and our clients.
Debates around energy policies, climate change, and renewable energy sources have a direct impact on our industry and could influence pricing and contracts.
President Lula will host the summit, and WSB will closely follow the discussions to set our strategies and support our clients in their decision-making.
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WSB rooftop party
WSB Workshop Series 2024 concluded with a superb welcoming to friends, colleagues, and partners from the oil companies community to our rooftop to celebrate with owners another milestone event.
This relaxed “after hours” wasn’t just about winding down; it was a celebration of the progress we’ve made and the collective vision guiding us into the months ahead.
A huge thank you to everyone who joined us and made the evening unforgettable. We look forward to many more moments like this as we round off a fantastic Workshop Series 2024 and look ahead to 2025!