Companhia Docas do Rio de Janeiro (CDRJ), the port authority responsible for managing the Ports of Rio de Janeiro, Itaguaí, Niterói, and Angra dos Reis, earned R$ 328 million in the first quarter of 2021, R$ 107 million more than in the same period of 2020, representing a growth of 48.5% in relation to the first third of last year. The good revenue result is due to the current positive cycle of increased appreciation of iron ore in international markets and the large volume of handling during the period. In the first four-month period of 2021, the ports managed by Docas do Rio handled 19.4 million tons of cargo, the best result on record since 2015. According to the analysis released by the Business Planning Management of Docas do Rio, in relation to the same period from January to April 2020, the growth was 5 million tons, which corresponds to an increase of 34.7%. The report indicates that the Port of Itaguaí registered a record turnover in April 2021, with revenue of R$ 85.2 million. This represents the highest monthly turnover in real terms ever recorded for the port since 2015, for the analyzed period. In this sense, the first four months of 2021 was the best result for the period since 2015 and, compared to 2020, the growth was 4.7 million tons or 39.5%.
Source: Datamar News