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Jack Richardson

Thyssenkrupp Marine Systems (TKMS) has signed a contract to acquire the Oceana shipyard in Itajaí, Brazil, from Aliança S.A., a company owned by Rio de Janerio based CBO Group, though the price was not disclosed. The Oceana shipyard, which was established in 2013, is a leader in the offshore support vessels sector and one of the largest employers of qualified maritime personnel in the Brazilian market.

The acquisition is being executed through Brazilian subsidiary TKMS do Brazil as part of the international strategy of the company. Oceana has been chosen as the preferred shipyard for the building of four TAMANDARE class frigates for the Brazilian Navy, though the transaction is subject to the approval of the Brazilian antitrust authorities and the official entry into force of the frigate contract is expected by the middle of this year.

Over the next two years, up to 800 local employees are to be recruited for the TAMANDARE project alone meaning that ships with a very high domestic added value can be built in Brazil. Águas Azuis – a joint venture of TKMS (Lead), Embraer Defense & Security and Atech – will be responsible for completion of the four frigates with delivery planned to take place between 2025 and 2028.