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February 11, 2004

DNV benefits from Brazil OSV boom

Back in the late 1970's Brazil was the world's second-largest shipbuilder. But the bottom dropped out of the industry and in the mid 1990's no steel was cut for newbuildings and all the newbuilding yards closed down.

The situation is now very different. Today, due to intensive political efforts aimed at ensuring that domestic yards benefit from Brazilian offshore activity, five shipyards are building new ships. In addition, one is busy with repair work and another is outfitting FPSOs.

New offshore support vessels are being built at all Brazilian shipyards that are qualified for newbuildings; 85% of these vessels are to DNV class.

From 2003 to the end of 2005, 25 offshore support vessels have been or will be built in Brazil – 21 of them to DNV class.

DNV believes that the reason for this dominant market share – 21 of 25 vessels – is mainly that the yards have a lot of confidence in DNV's experience with this type of vessel.

Tor Svensen, COO DNV Maritime says: "We are very satisfied with the collaboration between Brazilian yards and DNV. We can also foresee that new ship types will be built in Brazil in the years to come, and DNV has to show the shipyards that we are a class society for all types of vessels."

"As far as we can see, there is a lot of optimism in the country, and DNV wants to be the preferred class society for all ship types in Brazil," Svensen adds.

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