Port of Santos calculates loss of up to R$5.85 billion with TCU decision extending container operator contract

The Port of Santos calculates losses between R$ 820.5 million and R$ 5.85 billion with the decision by the TCU (federal audit court) to oblige the Santos port authority (SPA) to renew the contract of Marimex, the operator of a container backyard area (without direct access to the port) until there is a new railway operator in the port, which should only take place in 2025.

In its appeal to the TCU to reverse the judgment, SPA argues that the extension of the contract with the company, which originally expired in May 2020, would result in losses of revenue and requests for a re-balancing of other port operators.

Financial calculations of losses vary depending on the length of the contract to be awarded to Marimex.

In the document viewed by GLOBO, the port authority states that the extension of the contract is “immediately out of line with the short-, medium- and long-term planning (of the port) and, consequently, against the public interest.”

In May, the TCU imposed a defeat on the Ministry of Infrastructure when it voted 5 to 3 to extend Marimex’s expired contract until there is a new railway operator at the port. The current operator of the port’s internal railway, Portofer (controlled by Rumo), has a contract until June 2025.

Source: O Globo

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https://oglobo.globo.com/economia/porto-de-santos-ve-prejuizo-de-ate-585-bi-com-decisao-do-tcu-que-prorroga-contrato-de-operadora-de-conteineres-25093227

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