A grain terminal in the port of Santos will be put up for bid on the 30th

The National Waterway Transportation Agency (Antaq) recently approved, on the 4th, the notice of the leasing of terminal STS 11, used for handling solid vegetal bulk. The terminal is located in the Paquetá region, on the right bank of the Port of Santos. The auction is expected to take place on March 30th at B3, São Paulo’s stock exchange.

The STS11 shall receive total investments worth R$ 764.8 million, according to the latest values issued by the Federal Audit Court (TCU). These funds will be used to modernize agribusiness operations in the region by increasing the terminal’s capacity to handle soybeans and soy bran, corn, sugar, and wheat.

The terminal’s installation will be held in two complementary phases. First, 62 thousand square meters will be put into work, finally reaching 98.2 thousand square meters in the second stage.

After construction, the terminal will feature two exclusive mooring berths and will be able to store 490 thousand tonnes and handle 14.5 million tonnes per year. The lease will be valid for 25 years.

Auction portfolio

STS 11 is one of 11 auctions scheduled for the Port of Santos between 2019 and 2022, with a total investment value of nearly R$6 billion. STS 13A (liquid bulk), STS 20 (solid mineral bulk), STS 14 and STS 14A (cellulose), and STS 08A (liquid bulk)  are the five that have already happened.

In addition to the now-scheduled auction of STS 11, the leasing process of other areas is in progress, all with investment projections that may undergo adjustments during the process: STS 53 (solid mineral bulk), STS 10 (container), STS 08 (liquid bulk), among others.

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