Cargo handling at Fortaleza up 12% in 2020

According to Companhia Docas do Ceará, the year 2020 was marked by several records set at the Port of Fortaleza. In terms of indicator growth compared to the same period in 2019, EBITDA increased by 254.35% (from R$ 3.3 million to R$ 11.8 million); this shows CDC’s cash-generation potential for future investments. Revenues increased by 13.49% (from R$ 56.4 million to R$ 64 million), and cargo handling increased by 12% (from R$ 4.4 million tons to R$ 4.9 million tons).

Between January and December 2020, 1157 ships docked at the Port of Fortaleza, an increase of 9.5% over the previous year. Solid bulk (cereals and non-cereals) accounted for 46.6% of all movement, followed by liquid bulk (oil and oil products) at 45.3% and general cargo at 8.1%. Respectively, there were 2,285,614 tons of solid bulk, 2,219,815 tons of liquid bulk, and 389,501 tons of general cargo.

Regarding wheat, grain imports by the mills M. Dias Branco, Grande Moinho Cearense, and J. Macêdo were 9.9% higher than in 2019; 1.2 million tons were imported via 53 ships and reached an average daily board of 8,213,112 tons. The cargo came mainly from Argentina, the United States, and Canada; this amount will be surpassed again in 2021, according to the management of Terminais de Grãos de Fortaleza Ltda (TERGRAN), tenant in the Port of Fortaleza. Wheat imports alone accounted for 5.8 million tons over the last 5 years.

In relation to solid non-cereal bulk, the highlight of 2020 was the handling of clinker, slag, steel products, chemicals, manganese, iron ore, scrap, coal, and plaster. This cargo was shipped to the United States, Spain, China, and Manaus.

Solid bulk (cereals and non-cereals) grew by 28.7% in 2020 compared to 2019, representing the largest cargo growth at the Port of Fortaleza in 2020.

Another type of cargo shipped from the port in 2020 was fruits. These were shipped to the ports of Algeciras and Vigo in Spain; Thames, in Great Britain; Dunkirk and Le Havre, in France; and Rotterdam, in the Netherlands. The predominantly shipped fruits (using reefer containers) were melon, banana, grape, pineapple, lemon, mango, apple, and watermelon. Frozen lobster, frozen fruits, nuts, plastics, and granite were also exported, among other types of general cargo, totaling 44,377 TEU handled in 2020.

The charts below show a history of cargo handling via the Port of Fortaleza and a comparison between January and November 2019 and 2020:

Fortaleza Cargo Handling| Jan 2017 to Nov 2020 | WTMT

Source: DataLiner

Fortaleza Cargo Handling Comparison | Jan to Nov 2019-2020 | WTMT

Source: DataLiner (To request a DataLiner demo click here)

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