On September 22, 2025, Transpetro closed the bid opening for eight new gas carriers under the TP-25 program. The tender rules included a local content bonus for Brazilian shipyards and a penalty for foreign proposals, which shaped the equalized results now under review.
In Lot A (three vessels of 10,000 GT), KIT L.L.C emerged in first place with a proposal of USD 125 million for the trio, equalized at USD 169.6 million. The company’s unit price is nearly 30% below those of traditional Asian yards Zhouzang and Dalian, which followed in second and third place. The only other Brazilian contender, VARD, submitted a bid but was outpriced by a wide margin.
In Lot B (five vessels incl 14,000 GT), the local builder Ecovix– already awarded four Handy-size tankers earlier this year – took the lead with a USD 415 million proposal, equalized at USD 267.9 million. The outcome was extremely close, with Ecovix edging out three international competitors by a narrow margin in what appears to be a tight draw.
The evaluation process will now define the allocation of contracts.
More info to be shortly given by WSB – stay tuned.
