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TKMS to buy Brazilian shipyard

20th May 2020 - 10:30 GMT | by The Shephard News Team


ThyssenKrupp Marine Systems (TKMS) announced on 20 May that it has signed a contract to acquire the Oceana shipyard in Brazil from CBO Group subsidiary Aliança SA.

Four new Tamandaré-class corvettes for the Brazilian Navy will be built at Oceana in the CCT programme, for which TKMS leads the consortium that was chosen as preferred bidder by the Brazilian Navy in April 2019.

The value of the deal was undisclosed.

Acquisition of the Oceana shipyard is subject to regulatory approvals and the formal signature of the CCT contract, which TKMS expects to take place in mid-2020. Delivery of the ships is planned to take place between 2025 and 2028.

TKMS CEO Rolf Wirtz said: ‘With Oceana, we have an excellent infrastructure for building the most modern frigate of the Brazilian Navy. The shipyard also offers us the prospect of taking on follow-on orders. Not only locally, but also in other countries of South America.’

The Shephard News Team


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