ShippingWatch

Terminal operators look toward Brazil

Global terminal operators are looking toward Brazil, which is planning to build a new port terminal. The terminal will be tendered off in 2018 and could end up in Chinese hands, predicts Alphaliner. DP World has also acquired a terminal in Santos.

Photo: PR-foto: Portonave Brasilien

Several terminal companies have turned toward Brazilian ports, which handle fruit, meat and other agricultural products in particular.

Dubai-based DP World has just bought into the Embraport terminal near the major city of Santos, which is the country's largest port. Meanwhile, the Brazilian government is planning to build a new container terminal in the Port of Suape in the state of Pernambuco, which could invite Chinese interest, says Alphaliner in its latest newsletter.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs