OSVs renewal fleet: Petrobras' deals with Bram and Starnav

By Rafael Bortoloti

Petrobras has signed contracts to build and charter 12 PSVs—six from Bramand six from Starnav,—totaling BRL 16.5 billion (USD 2.7 billion). Of this, BRL 5.2 billion (USD 0.83 billion) will support local content.

The agreements include mobilization of approximately six years for construction and 12 firm years of operation. The vessels will be built at each companies’ own shipyards: Navship (Bram) and Detroit (Starnav).

These contracts underscore Brazil’s growing need to renew its OSV fleet and mark another step in the revival of domestic shipyards, further strengthening the naval and offshore markets.