INSUBCONTINENT EXCLUSIVE:
Braskem, a major player in the petrochemical industry, is investing $332 million (around R$1.9 billion) to build a fleet of six specialized
These ships will be used for transporting its key raw materials, ethane and naphtha.The initiative aims to cut freight costs, improve
efficiency, and reduce carbon emissions, addressing critical supply chain vulnerabilities
Mexico.Built by Chinese shipyard Jiangsu Yangzi-Mitsui Shipbuilding at a cost of $80 million, the ship features dual-fuel engines
These engines are capable of running on both bunker oil and ethane
This technology reduces carbon dioxide emissions by 40%.A second ship with similar specifications will join the fleet in June 2025,
The terminal will enable the company to meet all its polyethylene production needs and expand its capacity.The remaining four ships, each
costing $43 million and capable of carrying 55,000 tons of naphtha, will begin operations by 2028
Africa.Braskem Secures Supply Chain with $332 Million Fleet Investment
operations, which require 4.5 to 5.5 million tons annually
With Petrobras supplying only 40% of this demand, imports have become increasingly critical.The fleet is financed through a 15-year leasing
According to logistics manager Eduardo Ivo Cavalcanti, the investment addresses a global shortage of large liquid cargo vessels while
ensuring supply chain reliability.This move aligns with trends among global petrochemical leaders like Ineos and Reliance, which also
operate proprietary fleets
