National and foreign companies announce their intention to compete for the STS10 terminal
May, 10, 2022 Posted by Gabriel MalheirosWeek 202220
A group of companies, including national and one foreign company, informed the Ministry of Infrastructure that they will enter the dispute for STS10, the new container terminal in the port of Santos (SP), whose bidding is being discussed in a public hearing until the end of the month.
The group is formed by Lopex, Eurogate, the largest container port operator in Europe, and BTG Pactual, a bank that already operates in infrastructure investment. Lopex, Eurogate, and BTG Pactual are partners in Contrail, a logistics operation company in Brazil. However, they do not operate port terminals as of yet.
Directors and partners of the companies circulated in Brasília, presenting the plan to ministry members. They stated that BTG Pactual would use a new infrastructure fund that the bank had recently established to settle the dispute.
Eurogate reports on its website that in 2020, it handled 11 million TEUs of containers in the 12 facilities it owns or controls around the world.
Among the terminals it directly controls are Bremen and Hamburg, Germany. In addition, the company has terminals where it is a partner of three major world container ship owners, MSC, Maersk, and Hapag-Lloyd.
Largest terminal
STS10 is designed to be the largest container terminal in Santos, with the capacity to handle just over 2 million TEUs per year, increasing the port’s current capacity by almost 50%.
The area is adjacent to the BTP terminal (Brasil Terminal Portuário), a partnership between companies controlled by MSC and Maersk (TiL and APM Terminals, respectively), making it a verticalized terminal.
See below import and export figures recorded throughout 2021 in the Port of Santos. The data is from DataLiner.
Containerized Cargo at the Port of Santos | Jan 2021 – Mar 2022 | TEUS
Source: DataLiner (click here to request a demo)
Santos has two other large container terminals, Santos Brasil and DPWorld, which do not have shipowners in their control group, and that is why they are called white-flag terminals.
Source: Agência Infra
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