PORT OF SANTOS OPERATORS FACE SUBSTANTIAL LOSSES

Sindamar reports ongoing cargo ship supply issues at the Port of Santos, estimating a loss exceeding USD 4 million over two years. Two out of seven fuel barges are out of service. Formal complaints to Petrobras, ANP, and Transpetro since 2022 have raised concerns. Transpetro aims to discuss bunker operation enhancements. Roque notes the significant financial impact, with daily ship costs ranging from USD 25,000 to USD 100,000. Commodities tramp ships incur USD 35,000 to USD 45,000 daily. Petrobras confirms temporary logistical challenges due to tugboat mechanical issues but assures resolution. ANP monitors the situation and will contact Transpetro if necessary.
Source: A Tribuna (*Translated by Ia Niani)