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Brazil’s maritime industries gear up for a new growth period

Brazil’s maritime industries gear up for a new growth period
The third and last day of the 13th Marintec South America highlighted the fact that there is optimism towards the future, as the Brazilian maritime industry prepares for a new growth period in 2017.

This is the forecast from companies and leaders who participated in the 13th edition of Marintec South America, held from 19 to 21 September in Rio de Janeiro. Ongoing discussion with the new federal government and Petrobras about new pre-salt concession tenders, three of which are planned for 2017, changes to local content policy and a strong effort to diversify the industry beyond Petrobras orders by attaining international competitiveness, feed market optimism.

Among the exhibiting companies the assessment was positive, as shown by the director of Wärtsilä, Luiz Barcellos: "The Marintec South America always gives us more courage because, besides being a traditional event, it shows the potential of the maritime and offshore markets. The audience is qualified and the location is strategic".

Vision Marine’s sales executive, Marcelo Alves, agrees. "With the prospects of stronger recovery of the market in 2017, exposing brands and solutions in Marintec is undoubtedly a strategic advantage. It is essential to participate in an event like this,” he noted.

Erik Hannisdal, managing partner of M & O Partners, encouraged foreign investment in Brazil, but stressed that it is necessary to discuss the so-called “Brazil cost”. "This is an obstacle but there are different ways for an international company to succeed here. An example is to start working through a subsidiary, to make it easier to find partners who know the complexity of the laws and the specific challenges that the country has," he said.

During the three days of 13th Marintec South America, 380 companies, including shipowners, shipyards, manufacturers, national and international suppliers, exposed innovative solutions to the market. In addition, experts and key market players discussed solutions for various segments in seminars and visitors had access to courses and workshops on the latest trends in research and development.

"It is a pride for all of us to hold this event that plays a central role in consolidating the maritime industry as this country's economic development vector," said Jean-François Quentin, president of UBM Brazil, responsible for organizing the event. "We surpassed the renewal rate proposed for 2017 with over 50% of confirmed exhibitors," said the event manager, Renan Joel.