Brazil’s politics have just taken a volatile turn after decades of ups and downs. Its shipbuilding industry has gone through similar contortions. Now, a new government under the most polarising president in its democratic history, Jair Bolsonaro, could mean more twists and turns for the country’s shipyards.
The last great peak reached by the national shipbuilding industry was in December 2014, when 82,000 people were employed directly at 55 shipyards, and 300,000 employed indirectly.