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Log-In manages to lease Vila Velha Terminal for another 25 years
Sep, 20, 2019 Posted by Sylvia SchandertWeek 201939
The National Agency for Water Transport approved the extension of the lease agreement of Vila Velha Terminal (VVT), Log-In’s subsidiary, for another 25 years.
The lease had been made with the Espírito Santo State Docks Company (Codesa) in 1998 and would end in 2023. The process will now proceed to the National Secretariat of Ports and Waterways (SNPTA) of the Ministry of Infrastructure.
VVT specializes in general cargo ships (equipment, machinery, spare parts, vehicles, granite, and steel products). The terminal operated by Log-In has an area of 108,000 square meters and a nominal capacity of 350,000 TEUs. The quay is 450 meters long, with two berths (203 and 204).
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