A 6.6K m² area in the Port of Paranaguá is auctioned off for R$ 30 million

A terminal dedicated to general cargo handling and storage at the Port of Paranaguá was auctioned off on the 30th in a trading session held on the São Paulo Stock Exchange (B3). The company FTS Participações Societárias S/A bought the area for R$ 30 million.

The Minister of Infrastructure, Tarcísio Gomes de Freitas, and Governor Carlos Massa Ratinho Junior accompanied the event in São Paulo, the second auction held by Portos do Paraná since the state gained autonomy to manage contracts for the exploration of port areas.

The new lessee takes over the area with the obligation to invest a minimum amount of R$ 4.17 million over ten years and make monthly payments. The area called PAR32, located at the port’s primary quay area has approximately 6,600 m² featuring two warehouse structures (6A and 6B).

Luiz Fernando Garcia, CEO of Portos do Paraná, revealed that the company also intends to lease four other sections of the Port of Paranaguá, mainly for the storage and movement of solid bulk. “This is only the first auction of the year; other sites will be leased to continue the expansion and modernization of Paraná’s ports,” he explained.

See below the track record of Brazilian sugar exports via the Port of Paranaguá in 2021. The Data are from DataLiner.

Brazilian sugar (HS 1701) exports via Port of Paranaguá | 2021 | WTMT

Source: DataLiner (click here to request a demo)

Auction

The winner of the contract offered the highest bid. A symbolic bid of R$ 1 initiated the tender, prompting two suitable proposals, one from FTS Participações Societárias S/A, with an initial bid of R$ 21.85 million, and the other from Teapar – Terminals Portuários de Paranaguá, which offered R$ 1 million.

Then, Teapar offered BRL 25 million for the area, which FTS Participações outbid with a BRL 30 million proposal. The group already operates in Paranaguá and Antonina, and the new space will expand cargo activities at the terminal. “We are going to expand our array of services for consumers as well as our market competitiveness,” said Alex Sandro de vila, Institutional Director of the FTS Group.

Other areas

Portos do Paraná is moving on with leasing other four sections in the Port of Paranaguá. The public hearing of PAR09, a 24 thousand m² area west of Paranaguá dedicated to solid vegetable bulk, was held on March 24 with a projected expenditure of R$ 492.6 million.

Paraná wants to bid on two other storage and solid vegetable bulk locations this year. PAR14 (61,450 m²) and PAR15 (37,431 m²) are expected to cost roughly R$ 1.2 billion and R$ 656.8 million, respectively.

The leasing studies have been completed and are being reviewed by competent authorities before being submitted to the National Waterway Transportation Agency (Antaq), so it can initiate the process of the public hearing and public consultation.

In addition to the current processes, the Federal Government’s Investment Partnership Program has already designated a new region in the Port of Paranaguá as a national priority. PAR03 is 38 thousand m² in size and will be utilized to store and transfer solid mineral bulk, mostly fertilizers.

The area contains a walled yard (greenfield) in front of Portos do Paraná’s administrative buildings, as well as a 6,000 m² Public Fertilizer Terminal (Tefer). According to the preliminary survey, a minimum investment of R$ 233 million is required; however, this cost may change depending on the findings.

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