Brazilian cabotage carrier finally cancels orders for ships placed 10 years ago

Brazilian cabotage carrier finally cancels orders for ships placed 10 years ago

Brazilian cabotage carrier Log-In Logistica has formally cancelled much delayed orders for three 2,800 teu newbuildings placed with the Rio de Janeiro-based Estaleiro Ilha, a yard that went bust in December 2015.

The three ships were part of a five-ship ordered placed in November 2007, reports Alphaliner in its latest weekly report. The ships were meant to deliver from 2011 to 2013. Only two of the five were delivered. Since the ships were first ordered Brazilian cabotage rules have changed whereby domestically trading boxships do not need to be built on home soil.

Log-In has now changed tack and is taking on secondhand tonnage. It recently bought the 2,714 teu Arosia from Peter Döhle, renaming it Log-In Resiliente. It now has five vessels, three of which are on charter.

The fate of the three cancelled Log-In orders at EISA is currently unknown, Alphaliner stated. However, the Log-In Jequitaba was launched in December 2015 and is 95% complete.

“Being in the water, this vessel could well be purchased and towed to another shipyard for completion,” Alphaliner suggested.

The construction of the two other units was well advanced but they still remain on the slipways.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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