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Waterway Panorama - Antaq

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l <strong>Waterway</strong> <strong>Panorama</strong><br />

Vessel Chartering<br />

The regulation of ANTAQ for the chartering<br />

of vessel for the provision of existing maritime<br />

and support navigation transport<br />

services is performed through registration or<br />

authorization.<br />

Registered chartering occurs for Brazilian<br />

flag vessels, foreign vessels, when the provisions<br />

of Decree-Law 666/69 for long-haul navigation<br />

(which addresses the mandatory transport<br />

in Brazilian flag vessels for prescribed<br />

cargo) does not apply, or even foreign vessels<br />

under bareboat charter, suspended flag, for<br />

cabotage, support maritime, according to certain<br />

limitations of deadweight tonnage.<br />

Authorized chartering occurs in the foreign<br />

vessels by time or trip, cabotage or maritime and<br />

port support navigations, as well as bareboat in<br />

port support navigation, or even long-haul shipping<br />

in the case of suspension of the mandatory<br />

cargo transport under the Brazilian flag.<br />

Chartering is further subdivided by m,<br />

namely: bareboat, time, and trip. The latter receives<br />

specific names (for control purposes),<br />

i.e., by space, for the chartering of part of a<br />

vessel for a trip.<br />

Through its rules, ANTAQ establishes chartering<br />

procedures and criteria to be followed,<br />

depending on the type of navigation.<br />

The monitoring of boat chartering authorizations/records,<br />

as well as the release of transport<br />

of cargo under the Brazilian flag in foreign<br />

vessels, belonging to foreign shipping companies,<br />

allows for the assessment of the level of<br />

competitiveness of Brazil in the political/economic<br />

scenario of international maritime transportation.<br />

Despite the need for chartering, motivated<br />

by the lack of Brazilian flag vessels, such expenses<br />

allow for the exchange remittance to<br />

foreign countries.<br />

Balancing the development of a national<br />

merchant marine, while attracting foreign investment,<br />

albeit through the participation of<br />

foreign companies in the capital of Brazilian<br />

shipping companies, is the challenge to be<br />

faced while regulating the sector. However, for<br />

such success, it is essential to establish public<br />

policies for the sector to encourage the consolidation<br />

of existing regulatory frameworks of<br />

waterway transportation.<br />

The following charts show the behavior of<br />

chartering performed over the past three years.<br />

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