MSC’s TIL plans expansion in Brazil and evaluates auctions of dock companies

MSC’s Terminal Investment Limited (TIL) plans to expand its activities in Brazil, said the company’s global president, Ammar Kanaan, who is in Brazil, and spoke with journalists via videoconference.

The company currently operates three port terminals in the country — in Santos (BTP, in partnership with Maersk), Navegantes (SC), and in Rio. The idea is to expand the assets, which can be either via concessions, private terminals, or even investments in dock companies. “We are looking for opportunities along the coast. We’ll study what comes up,” says Kanaan.

The president welcomes the privatization of port authorities, which is being conducted by the government — among the companies on the privatization list are state-owned companies in Espírito Santo, Santos (SP), Itajaí (SC), and Bahia. He also claims that the group will study participating in the privatization auctions.

Despite the stated intention to invest in Brazil, Kanaan also expresses concern about what he called “regulatory noise” in the logistics sector. The executive met today with ministers Paulo Guedes, from the Economy, and Tarcísio de Freitas, from Infrastructure, to express his fears.

Among the concerns, he cites “the permission to charge fees at terminals”. Large container terminals have been fighting for years with retro port terminals for the right to charge the segregation and delivery fee for containers (the so-called THC2). Recently, the large groups had a setback, with a preventive decision by CADE (the administrative council for economic defense) which suspended the charging of this fee at the port of Itajaí (SC). The confusion has dragged on for years and is seen in the sector as a strong legal uncertainty for port operators.

Source: Valor Econômico

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https://valor.globo.com/empresas/noticia/2021/06/10/til-da-msc-planeja-expansao-no-brasil-e-avalia-leiloes-de-companhias-docas.ghtml

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