Flavio Andrade

OceanPact is positioned to benefit from a structural shortage of offshore support vessels due to years of underinvestment globally, combined with growing demand from Petrobras' pre-salt developments. The company's integrated service model (vessels, environmental consulting, inspection, logistics) creates customer stickiness and operational advantages. Low downtime and a track record of opportunistic asset purchases (e.g., UP Offshore) enhance returns. The merger with CBO will create scale and synergies, and the day-rate cycle is expected to last for many years due to the age of the fleet and lack of newbuilds.