Santos Brasil informed the market that it signed leasing contracts with the Ministry of Infrastructure for operations in the Port of Itaqui, in Maranhão. According to the statement, the contracts establish the movement, storage, and distribution of liquid bulk fuels and have a term of 20 years, renewable for a maximum period of 70 years. Santos Brasil claims that the signing of the contracts marks the company’s entry into the liquid bulk port segment in a strategic location close to the Gulf of Mexico. Also according to the statement, the Port of Itaqui offers competitive maritime access infrastructure, with connections to the Norte-Sul, Transnordestina, and Ferrovia dos Carajás railroads.
Sources: Valor Econômico/Datamar News