Port of Recife signs agreements to improve infrastructure in 2020

Port of Recife signed formal agreements with government institutions at the end of 2019 to expand capacity.

First Commitment Term: signed with the National Department of Transport Infrastructure – DNIT – foresees the execution of dredging works at port berths. Berths 00 to 06 will be deepened to 11 meters and berths 07 to 09 to 8 meters. Total investments will amount to R$ 24,189,188.34 and will be made throughout the one-year agreement. According to the agreement, works should begin in April 2020 and be completed in June this year.

Second Commitment Term: signed with the Ministry of Infrastructure, its purpose is the execution of works for the renovation, improvement and adaptation of the port’s quays, which will include a new system of fenders and mooring bollards, drainage recovery, paving. and structural recovery of berths 00 and 01, with investments of R$ 27,336,730.29 and effective for one year. The plans is for works to begin in May 2020 and finish in December this year. The tender process for the works will be held by Porto do Recife S.A., and will take place between February and April.

“The last dredging carried out at the Port of Recife was in 2012. Since 2015 we are fighting for new dredging, but all we ever had were promises from the Federal Government. The signing of these formal agreements tell us that the work will, in fact, be done, and we have reason to celebrate last year’s achievements and have high expectations for 2020,” said Carlos Vilar, president of the Port of Recife.

2019 Balance – The Port of Recife grew 15% in 2019 growth compared to 2018, with throughput up to 1,412,426 tons.

Barley malt was the most prominent product in the Port of Recife with 232,785 tonnes of the product discharged, up 57% compared to 2018. The discharging of 221,140 tons of fertilizer was also a marked increase, up 47% compared to last year. Thirdly, petroleum coke further helped increase throughput posting a 43% increase with 193,837 tons handled.

Forecast cargo handling in 2020 is even higher, as the expected works will provide improved berthing conditions, attracting new private investments and, consequently, new cargoes. Barley and barley malt imports are expected to increase further this year. The port is also working to attract new cargoes such as Ilmenita, an iron ore extracted from a deposit in Floresta, in Pernambuco’s hinterland.

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