Latin America & the Caribbean
Opportunities for UK companies
Marine
The Brazilian market has some of the most significant opportunities for UK companies in the marine sector in Latin America and the Caribbean.
There is demand for equipment and services right across the sector. The Brazilian shipbuilding industry in Brazil is focussed on delivering vessels for a wide range of industries: Oil & Gas, Port Operation, Shipping, Inland Waterways and Leisure.
Market Detail
There is huge business potential on shipbuilding for ports support, shipping inland water transport and leisure.
One of the main market driver is the financing facilitation provided by the Merchant Marine Fund (FMM) for the development of the Brazilian shipbuilding and repair industry. In 2020, FMM approved £257 million to finance vessels constructions and repairs, amongst other maritime related projects.
Opportunities for UK Companies
- Ports
- Costal Shipping
- River transport
- Decarbonisation Solutions
- Leisure
- O&G Decommissioning
For more advice and support on how to grow your business overseas, please visit: www.great.gov.uk
