New Times Ahead for the Brazilian Logistics Industry

The great days of the shipping industry in Brazil were gone a long time ago. Big shipping lines went bankrupt, Brazilian flag ships were sold, arrested, abandoned or scrapped and shipyards had little to no service and were forced to close or stay afloat with minor repairs and dry-docking jobs. The Brazilian shipping industry has a very sad history, but it seems that there is hope for a brighter future for the South Atlantic giant! The 1960’s and 1970’s were remarkable to the merchant marine history in Brazil. The creation of the “Merchant Marine Fund” and the “Tax for...

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