The National Waterway Transportation Agency (Antaq) recently approved, on the 4th, the notice of the leasing of terminal STS 11, used for handling solid vegetal bulk. The terminal is located in the Paquetá region, on the right bank of the Port of Santos. The auction is expected to take place on March 30th at B3, São Paulo’s stock exchange. The STS11 shall receive total investments worth R$ 764.8 million, according to the latest values issued by the Federal Audit Court (TCU). These funds will be used to modernize agribusiness operations in the region by increasing the terminal’s capacity to handle soybeans and soy bran, corn, sugar, and wheat. After construction, the terminal will feature two exclusive mooring berths and will be able to store 490 thousand tonnes and handle 14.5 million tonnes per year. The lease will be valid for 25 years.
Source: Datamar News