Port of Santos signs contract with Adonai East for lease of STS 13A terminal

Last week, the Santos port authority (SPA) signed the contract to lease the STS 13A terminal to Adonai East, of the Aba Infraestrutura e Logística S/A group, thus outsourcing operations of another area at the Port of Santos.

The STS 13A is located on Barnabé Island, on the left bank of the port complex, and the lease was won by Aba in August 2019, with a bid of R$35 million. The first installment of 25% was payable upon the signing of the contract and the rest is to be paid in five annual installments.  The company gained the right to use the area (measuring 38,400 square meters and out of use for almost eight years) to store and handle liquid bulk for a period of 25 years.

Aba will pay SPA R$158,500 per month for the lease and R$4.15 per ton of cargo handled. According to the contract, the new area should have a minimum static capacity of 70,500 cubic meters. The estimated investment required is approximately R$111 million.  Aba already operates two other terminals at Santos. It leases the Adonai terminal, also on Barnabé Island, intended for handling liquids, and the Concais passenger terminal.

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