BNDES Revitalizes Brazil’s Shipbuilding with $404 Million Investment

The Brazilian Development Bank (BNDES) is set to invigorate Brazil’s shipbuilding industry with an R$2 billion ($404 million) investment from the Merchant Marine Fund (FMM). Unveiled on January 24, 2024, in Rio de Janeiro, the ‘BNDES Blue’ initiative aims to boost the sustainable ocean economy, including the Marine Spatial Planning (PEM) project to enhance marine […]

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