Baru Offshore
Baru Offshore is a Brazilian offshore marine support services company operating 20 vessels (PSVs, FSVs, crewboats) for Oil & Gas E&P operators, anchored by 12 long-term Petrobras contracts since 2014, with operations spanning Brazil and the Netherlands.
- Company typePrivate
- Founded2010
- HeadquartersRio de Janeiro, RJ, Brazil
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Baru Offshore does
Baru Offshore is a Brazilian offshore marine support services company founded in 2010 and headquartered in Rio de Janeiro. The company operates a fleet of 20 vessels comprising Platform Supply Vessels (PSVs), Fast Supply Vessels (FSVs), and Crewboats, serving exploration and production operators in the Oil & Gas industry. Its anchor relationship is with Petrobras, with which it has held 12 long-term contracts since 2014 for UT4000 FSV vessels. Operations extend beyond Brazil into the Netherlands, indicating some international commercial footprint.
The fleet has been built through discrete capital deployments over more than a decade: the initial 12 UT4000 FSVs were placed under Petrobras contract in 2014; four Surfer passenger vessels were added to serve Northeast Brazil in 2019; two further UT4000 FSVs followed in 2020; and two PSV 5000 vessels were commissioned in 2022-2023, marking entry into a larger vessel class. The company maintains ISO 9001, 14001, and 45001 certifications, indicating adherence to quality, environmental, and occupational health and safety management systems. With a headcount of 251-500 employees, it is sized to operate and crew a 20-vessel fleet.
The business model centers on long-term vessel charter contracts with enterprise Oil & Gas clients, primarily Petrobras. Baru Offshore is organized as a privately held Brazilian limited liability company (BARU OFFSHORE NAVEGAÇÃO LTDA) led by CEO Juan Carlos Pedroza Hernandez. No public funding rounds, revenue figures, or financial statements are disclosed, suggesting capital has come from founder equity, retained earnings, or non-public debt facilities. Revenue mechanics are day-rate or fixed-term charter based, with revenue predictability supported by long-dated Petrobras contracts but customer concentration risk elevated.
Baru Offshore firmographics
Firmographics- Name
- Baru Offshore
- Legal name
- BARU OFFSHORE NAVEGAÇÃO LTDA
- Website
- https://baruoffshore.com.br
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Baru Offshore is a Brazilian offshore marine support services company operating 20 vessels (PSVs, FSVs, crewboats) for Oil & Gas E&P operators, anchored by 12 long-term Petrobras contracts since 2014, with operations spanning Brazil and the Netherlands.
- Ownership category
- akta.pro rank
Baru Offshore industry classification
Industry- Product category
- Offshore Marine Support Services
- NAICS
- Support Activities for Water Transportation (4883), Other Support Activities for Water Transportation (48839)
- SIC
- Water Transportation (4400), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ)
- akta.pro secondary industries
- Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS) (TLADABAL), Offshore Passenger Transport (Oil & Gas Crew Transfer) (THABAGAF)
Keywords
Where Baru Offshore is headquartered
LocationHeadquarters
- HQ city
- Rio de Janeiro, RJ
- HQ country
- Brazil
- HQ region
- Latin America
Offices6 records
Markets served
Baru Offshore business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Offshore Marine Support Services: Provides offshore maritime support services including transportation of personnel and materials to Oil & Gas E&P operations. Revenue generated through long-term contracts with major oil companies.
- Long-term Charter Contracts: Multi-year charter agreements for vessel operations, exemplified by 12 long-term contracts with Petrobras since 2014
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Baru Offshore product offering
Product offeringCore offering
Baru Offshore provides offshore maritime support services for the oil and gas industry, operating a modern fleet of 20 vessels (Platform Supply Vessels, Fast Supply Vessels, and Crewboats) to transport personnel, materials, oily liquids, water, sludge, and bulk cargo between onshore bases and offshore platforms. The company serves exploration and production operators through long-term charter contracts, with Petrobras as its anchor customer since 2014, and operates from Brazil and the Netherlands.
Differentiator
Problem solved
Functional benefit
Products and services
- UT 4000 Fast Supply Vessel (FSV) Chartering Fast Supply Vessel chartering service using UT 4000 vessels (48 m, 4x 1800 HP, 225 m² deck area) for rapid transport of crews and materials between onshore bases and offshore platforms. Targeted at oil and gas E&P operators, with Petrobras as the anchor customer.
- PSV 5000 Platform Supply Vessel Chartering Platform Supply Vessel chartering service using PSV 5000 vessels (87.40 m, 832 m² deck area) for transport of oily liquids, water, sludge, bulk cargo, and materials to offshore platforms. Targeted at oil and gas E&P operators with larger cargo logistics needs.
- Surfer Crewboat Passenger Transport Crewboat passenger transport service using Surfer vessels (19 m, capacity for 24 passengers) for fast personnel transport to offshore platforms. Targeted at E&P operators needing rapid crew rotation, particularly in Northeast Brazil's offshore basins.
Quantifiable outcome
- 20 vessels operated under highest quality and service standards
Companies that use Baru Offshore
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles2 records
Baru Offshore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Baru Offshore partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PetrobrascoreLong-term strategic partnership since 2014 with 12 long-term contracts for offshore marine support services. Baru Offshore builds and operates FSV vessels (UT4000 type) specifically for Petrobras operations in Brazil's offshore oil sector.
Scale indicators4 records
Recent moves5 records
Expansion highlights4 records
Baru Offshore competitors and assessment
Company assessmentDirect peers
- Vroon Offshore Wind: Dutch-based operator of offshore support and wind farm vessels with crew boats and PSVs; comparable in vessel types and shared Netherlands/European operating footprint.
- Wilson Sons: Largest Brazilian integrated maritime logistics provider operating offshore support vessels, port terminals, and towage, serving Petrobras and other E&P operators with a comparable Brazilian OSV business model.
- Seacor Marine: US-listed OSV operator with PSVs, fast supply vessels, and crew boats serving oil & gas and wind farm clients in the Americas; comparable in vessel mix and customer profile.
- Solstad Offshore: Norwegian OSV owner-operator with a global fleet of PSVs, AHTS, and subsea vessels; comparable in charter-based revenue model and exposure to offshore E&P customers.
- Edison Chouest Offshore: Privately held US-based OSV operator with one of the world's largest offshore support fleets including PSVs and crew boats serving oil majors globally; comparable in vessel mix and long-term charter strategy.
- Bourbon: French-headquartered global OSV operator with PSVs, AHTS, and crew boats serving oil & gas clients worldwide; comparable in fleet composition and long-term contract model.
- DOF Group: Norwegian-headquartered global OSV operator with PSVs, AHTS, and subsea construction vessels serving international oil & gas majors; directly comparable in vessel types, customer base, and contract structure.
- Grupo CBO: Brazilian offshore support vessel operator with PSVs, AHTS, and crew boats primarily serving Petrobras; direct Brazilian competitor with similar fleet composition and customer base.
- Ocyan (formerly Odebrecht Oil & Gas): Brazilian offshore services provider offering OSVs, drilling rigs, and subsea construction to Petrobras and other Brazilian operators; directly competes in the same Brazilian offshore market.
Broad incumbents
- Stena Bulk: Swedish-headquartered diversified maritime group with offshore drilling and shipping operations; relevant adjacent peer given broader offshore vessel portfolio though with different end-market mix.
Market position
Strengths5 records
Weaknesses2 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Baru Offshore social profiles
Digital presenceBaru Offshore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Baru Offshore leadership team
Management profileNumber of profiles
Profiles1 record
Baru Offshore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Baru Offshore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Baru Offshore
What does Baru Offshore do?
Baru Offshore provides offshore maritime support services for the oil and gas industry, operating a modern fleet of 20 vessels (Platform Supply Vessels, Fast Supply Vessels, and Crewboats) to transport personnel, materials, oily liquids, water, sludge, and bulk cargo between onshore bases and offshore platforms. The company serves exploration and production operators through long-term charter contracts, with Petrobras as its anchor customer since 2014, and operates from Brazil and the Netherlands.
Is Baru Offshore a public or private company?
Baru Offshore is a private company. It is classified as unknown and is currently operating.
When was Baru Offshore founded?
Baru Offshore was founded in 2010. It employs 251 to 500 people.
Where is Baru Offshore based?
Baru Offshore is headquartered in Rio de Janeiro, RJ, Brazil, in the Latin America region.
How does Baru Offshore make money?
Two revenue lines are on record. Offshore Marine Support Services are the primary driver. The others are long-term Charter Contracts.
Who are Baru Offshore's main competitors?
Direct peers on record are Vroon Offshore Wind, Wilson Sons, Seacor Marine, Solstad Offshore, Edison Chouest Offshore, Bourbon, DOF Group, Grupo CBO and Ocyan (formerly Odebrecht Oil & Gas). Stena Bulk is listed as a broad incumbent.
Does Baru Offshore have an API?
No public API is recorded for Baru Offshore.
What industry is Baru Offshore in?
Baru Offshore's product category is Offshore Marine Support Services. Its primary akta.pro industry code is EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters), with a secondary code of TLADABAL, Offshore Support & Marine Logistics Vessel Operators (PSV/AHTS). Its NAICS code is 4883 and its SIC code is 4400.