Santos Brasil advances in new container services contract with Maersk Group

Santos Brasil has informed its shareholders and the market in general that it is in the final stages of negotiations to enter into a new contract to provide container port operation services at Tecon Santos with Aliança Navegação e Logística, Hamburg Sud, and Maersk, together known as ‘Maersk Group’.

The company expects that the negotiation in progress will end in the next few days. According to Santos Brasil, the new terms must be signed on an equitable, balanced basis and in the best interest of both parties.

The company also informed that it will keep its shareholders and the market in general duly informed and updated as the events take place.

See the graph below for cargo handling at Santos Brasil since 2017:

Imports and Exports at Santos Brasil | Jan 2017 to Feb 2021 | TEU

Graph source: DataLiner (To request a DataLiner demo click here)

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