Port of Imbituba sets throughput record with 3.6% growth

Jan, 12, 2023 Posted by Gabriel Malheiros

Week 202302

With a 7.1 million tonne throughput, the Port of Imbituba reached a new operational level in 2022, the best year-long result in its history. Compared to the previous record obtained in 2021, there was an increase of 3.6% in the volume throughput. In total, 280 ships berthed at the port.

Solid bulk was the cargo type with the greatest movement in Imbituba, especially petroleum coke, which corresponded to 28.6% of the total activity. Fertilizers, salt, soymeal, iron ore, and bituminous coal also had a large share in the bulk group.

In addition to bulk, container movement ranked second in the list of cargo categories.

Within general cargo, wood logs were the commodities whose exports saw the greatest growth compared to the previous year (+34.6%).

Most of the operations were imports, but still with a 7.3% drop in volume. Compared to 2021, exports significantly increased their share in operations, with a 21.3% increase in tonnage destined for abroad.

The port authority SCPAR Porto de Imbituba also obtained excellent financial results, which are currently being audited, and, thus, could still be changed. Nevertheless, preliminary estimates show revenues of BRL 78.1 million in 2022, representing a 13.5% increase over the previous year. EBITDA is expected to be R$ 19.2 million, with a cash balance of approximately R$ 116 million available for investment.

The signing of the lease agreement for the Liquid Bulk Terminal for ten years with an expected investment of approximately BRL 25 million to modernize the terminal was a highlight of the year, as well as the signing transitional lease of the Mineral Bulk Terminal, whose bidding process should come to an end in 2023 with a longer-term contract.

“We are very grateful to be able to conclude another cycle of growth and development, which was projected not only on the operational result of the port community but also on significant advances in infrastructure and lease expansion,” says Fábio Riera, CEO of Imbituba’s SCPAR.

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