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Latin America Vessel Sourcing

INDUSTRIAL ASSET SOURCING

An African steel recycler faced vessel shortages as regional supply declined and prices rose. Mondvera identified abandoned vessels in Latin America and enabled their sourcing and import from Brazil, establishing a new supply channel for steel recovery.

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The Opportunity
The Challenge

Steel recycling operations rely heavily on decommissioned vessels and industrial assets as a primary source of scrap metal. As regional supply of barges and ships declined, recycling companies began facing rising acquisition costs and increasing competition for available assets.

A market analysis revealed that numerous abandoned vessels were available in Latin America due to COVID-19, presenting an opportunity to secure new supply sources and reduce reliance on limited regional inventory.

  • Limited availability of vessels and barges in regional markets
  • Increasing acquisition prices due to supply scarcity
  • Identifying viable vessels suitable for dismantling operations
  • Navigating international sourcing and regulatory considerations
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PROJECT OVERVIEW

Sector

Environmental Asset Recovery

Region

West Africa & Latin America

Engagement

Market analysis, international sourcing strategy, and cross-border coordination

Outcome

New vessel supply channel established for steel recycling operations

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How Mondvera Supported the Engagement
  • Identified abandoned vessels and relevant operators in Latin America
  • Conducted market analysis to identify alternative vessel supply sources
  • Facilitated connections with companies capable of selling the vessels
  • Supported international coordination enabling vessel acquisition in Brazil
What This Engagement Delivered
  • Identification of new international supply opportunities for vessels
  • Successful sourcing and acquisition of vessels from Latin America
  • Diversification of scrap steel supply channels
  • First-mover advantage in accessing previously untapped vessel sources
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Results & Impact

  • Enabled sourcing of vessels from international markets previously unexplored by the company
  • Reduced dependency on scarce regional vessel supply
  • Established a repeatable international sourcing pathway for steel recycling operations
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