Deal Reached for Construction of New Port in Praia Mole, Espírito Santo

Blue Terminals, a Zmax Group company, and Vports, the concessionaire responsible for the Vitória Port Complex, have signed a 25-year contract for the implementation of the Praia Mole Liquid Bulk Terminal.

Blue Terminals is now authorized to develop the project for a port dedicated to oil handling at the site, located in an area owned by Vports near Vale’s Tubarão Port and Praia Mole Port, operated by ArcelorMittal, Usiminas, and Gerdau. The agreement includes an investment of R$340 million and the start of operations in 2028.

The Praia Mole LBT will have the capacity to handle around 14 million tonnes of oil per year, equivalent to 100 million barrels. At the site, which has deep waters (25-meter draft), vessels arriving from offshore platforms will transfer oil to large ships that will transport the product worldwide. This is the so-called ship-to-ship operation. It is important to note that Brazil has, in recent years, consolidated itself as a significant oil exporter.

According to Blue Terminals’ executive director, Bruno Fardin, the Praia Mole LBT is moving forward decisively. “The project symbolizes development, modernization, and opportunities, aligning economic growth with socio-environmental responsibility to establish the State as a logistical reference in the country.”

Vports’ CEO, Gustavo Serrão, highlights the signing of the 17th contract since the Vitória Port Complex was granted to the private sector three years ago. “This year, Vports has signed strategic partnerships in various segments, with the last two contracts exceeding 15 years, bringing significant investments to the State. This new contract adds a new line of services, with dedicated capacity for oil exports, reinforcing our multipurpose vocation.”

The vice-governor of Espírito Santo, Ricardo Ferraço, celebrated the announcement. “This is a traditional vocation of Espírito Santo that has been growing and will continue to grow, contributing greatly to the development of our State.”

The investment will generate up to R$80 million in royalties annually, distributed among Vitória, Serra, and Vila Velha. Environmental licensing and the engineering project are in progress.

Source: A Gazeta

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