Pullmantur is poised to close its Brazilian office at the end of March, according to media reports from South America.

As well, the company is expected to only operate one ship in Brazil for the 2016-2017 season, which could be chartered to a third party.

In the past, Pullmantur has chartered tonnage to tour operator CVC.

The news of Pullmantur’s office closing follows on the heels of a number of other market adjustments in South America, including, but not limited to: Iberocruceros being shut down; Pullmantur downsizing its fleet; MSC pulling some capacity out; Royal Caribbean going from two ships to one, to none next winter; and Costa also making adjustments to have less berths in the market for 2016-2017.