A decade-long dispute came to a close on Thursday (10/8) with the signing of a deal between the Port Authority of Santos (APS) and Marimex. The signed commitment outlines the company’s transfer to a 102,000 m² area previously occupied by Teval. The vacated space will give way for the construction of a railway turning loop, which will bolster the flow of agricultural goods by 20 million tonnes per year, bringing benefits to over 13 terminals on the right bank of the Port of Santos. The construction of the railway platform will be undertaken by Internal Railway of the Port of Santos (Fips), a special-purpose entity that brings together Rumo, MRS Logística, and VLI. The timeline for completing the operation, including Marimex’s relocation and the railway siding’s construction, is 36 months.
Source: Datamar News