» BNDES signs off R$ 625m financing for five Log-In containers ships
BNDES signed a R$ 625.2m financing contract for Log-In - Logística Intermodal S.A. to build five containers ships with rated capacity to transport 2,700 containers each. The Growth Acceleration Program (PAC) covers the construction of vessels. Estaleiro EISA (RJ) is the shipbuilder in charge and 1.6 thousand direct jobs will be created.
The units will be constructed in compliance with all standards and regulations required by the Brazilian Marine Authority, environmental entities and the Classification Society. Each of the ships will carry the Brazilian flag and will be registered in the Registro Especial Brasileiro (Brazilian Special Registry - REB).
During the construction, nearly 1.6 thousand direct jobs will be generated in EISA shipyard. The first vessel is expected to be ready by 2010.
Log-In’s project will have a positive impact in the decrease of the cost of coastal trading along the Brazilian coast and in the transport matrix of Brazil. The new ships will represent a 115% growth in the current supply of coastal trading transport. The increase in the amount of cargo transported through the sea tends to reduce emissions of carbon dioxide in the atmosphere.
Transport statistics point out that the transport of containers in Brazil was approximately 4.4 million units in 2007, which represents a 15% growth as compared to 1999 and 2007, which is an evidence of the great expansion potential of this field.
Log-In focuses its performance in the transport and warehousing of cargo in containers, on médium and long distance mixed transport and delivery of logistics solutions.
