NEW PRIVATE TERMINAL IN THE PORT OF SANTOS TO ATTRACT BRL 7.6 BN IN INVESTMENTS

Evolve Empreendimentos has received authorization from the Ministry of Ports and Airports to establish a Private Use Terminal (TUP) at the Port of Santos. Santos Terminais Susteníveis (STS) has planned investments of R$ 7.6 billion and will primarily handle containers, solid bulk, and liquid bulk on Bagres Island. The facility’s purpose will involve the handling and storage of various types of cargo, including vegetable solid bulk (grains, sugar, and bran), mineral solid bulk (fertilizers), liquid bulk (petroleum derivatives, excluding LPG, and ethanol), as well as containerized cargo for water transportation purposes. In a statement, Fabrizio Pierdomenico, the National Secretary of Ports and Waterway Transport, highlighted the significant contribution of TUPs in expanding port capacity in the country, accounting for over 65% of all cargo moved in Brazilian ports today.

Source: Datamar News