PortosRio presents historic results to Ministry of Ports and Airports

On Monday (20), PortosRio’s leadership met in Brasília with the Ministry of Ports and Airports (MPor) to present its historic 2024 results and share projections for 2025. The meeting included Minister Silvio Costa Filho, Chair of the Board of Directors Thairyne Oliveira, PortosRio President Francisco Martins, and Strategic Management Superintendent Luis Cesar Fonseca.

Historic Milestones

PortosRio closed 2024 with record-breaking achievements, solidifying its position as a leader in Brazil’s port sector. Among the key highlights was a financial turnaround: after reporting a loss of BRL 443 million in 2023, the company projected a profit of BRL 225 million in 2024. This remarkable recovery was driven by efficient management and a substantial increase in operational revenues.

The chart below explores the pattern of container exports and imports at the Port of Rio de Janeiro between January 2021 and November 2024. The data comes from Datamar’s DataLiner.

Rio de Janeiro Port Container Exports & Imports | Jan 2021 – Nov 2024 | TEUs

Source: DataLiner (click here to request a demo)

Another milestone was the throughput of over 75 million tonnes of cargo, the highest volume ever recorded by PortosRio. This reinforces the strategic importance of the ports it manages in national and international logistics.

Budget Execution and PAC Infrastructure Projects

Chair of the Board Thairyne Oliveira emphasized that PortosRio achieved a record budget execution rate, utilizing 50% of available resources in 2024—an unprecedented accomplishment among Brazil’s state-run port authorities.

Under the Growth Acceleration Program (PAC), two strategic infrastructure projects were completed in 2024, and additional projects are underway and scheduled for delivery in 2025. These initiatives aim to expand port capacity and enhance cargo throughput efficiency.

PortosRio President Francisco Martins highlighted the transformation underway at the company:

“We are building a new chapter for PortosRio, driven by efficient management, strategic planning, and a results-focused approach. These achievements demonstrate that we are on the right path to making PortosRio a model of efficiency and sustainability in the port sector.”

Superintendent Luis Cesar Fonseca also praised the team’s dedication and the impact of investments:

“Our team’s commitment, combined with infrastructure and technology investments, was critical to achieving these historic results. We are confident that 2025 will be even more promising.”

Outlook for 2025

With projections for consistent profitability and the continuation of strategic projects, PortosRio aims to further strengthen its contribution to Brazil’s economic development. The company is focused on cementing its reputation as a benchmark for port management, operational efficiency, and sustainability while boosting both domestic and international trade.

These developments underscore PortosRio’s pivotal role in advancing Brazil’s port sector, aligning with the nation’s goals for growth and innovation.

Source: Ministério de Portos e Aeroportos

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