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25 September 2019
The Ministry of Infrastructure has announced a new programme to encourage maritime cabotage known as BR do Mar. The programme aims to:
To achieve these aims, the Ministry of Infrastructure has announced the following measures.
The programme aims to increase the chartering of foreign vessels as follows:
The programme aims to facilitate the import of new vessels by:
The BR do Mar programme includes the following incentives for the shipbuilding industry:
The programme aims to reduce operating costs through:
The BR do Mar will also introduce the following measures:
The Ministry of Infrastructure has been gathering information from the various sectors involved; however, the proposed changes to legislation under the BR do Mar programme have not yet been made available to the public.
For further information on this topic please contact Godofredo Mendes Vianna at Kincaid | Mendes Vianna Advogados by telephone (+55 21 2276 6200) or email (firstname.lastname@example.org). The Kincaid | Mendes Vianna Advogados website can be accessed at www.kincaid.com.br.
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