Ports and Terminals

Record Profit and Expansion Reinforce Public Management at the Port of Santos

May, 26, 2025 Posted by Denise Vilera

Week 202522

The Santos Port Authority (APS) closed in April this year with a profit of R$74.7 million. The total for 2025 so far is R$70.9 million, with financial results jumping 172% compared to 2024. Operating profit reached R$125.2 million, 41% higher than the R$89 million recorded in 2024. These are excellent figures for a state-owned company—the same APS that past administrations once sought to privatize.

Beyond the numbers, the facts speak even louder. For instance, there has been progress in the Port-City relationship, including reopening the Port Museum and increasing public visits along the channel. The most significant milestone in this relationship was the inauguration of Valongo Park, a partnership with the Santos City Hall and private terminals. It opened the first public visitation space on the quay, attracting more than 340,000 visitors. The second construction phase, between Warehouses 1 and 3, is already well underway.

We celebrate an open-door management approach, with daily engagement with the community and all categories of workers and union leaders. On its anniversary, APS welcomed the public and, for the first time, hosted the President of the Republic, the Governor, ministers, deputies, mayors, and other authorities.

An unprecedented investment plan by the Federal Government through the Ministry of Ports and Airports (MPor) will bring R$ 12.5 billion in infrastructure improvements. These include enhancements to the Right Bank, with two overpasses improving port access. The completion of the Left Bank’s Perimeter Road in Guarujá is under contract. We are deepening the berths on the Right Bank between Warehouses 12-A and 20/21. A tender will be launched to deepen the navigation channel from 15 to 16 meters, eventually reaching 17 meters.

We have published the call for proposals for the construction of the Santos-Guarujá tunnel, with the auction scheduled for September. This project involves an investment of R$6 billion, equally funded by the Federal and State governments. We are working to double the output of the Itatinga Hydroelectric Plant in Bertioga and generate green hydrogen to supply ships with clean fuel—just as we already do with tugboats at the quay, replacing diesel while these vessels are docked.

We launched the ESG Manifesto, which received support from private terminals. We renewed the environmental licenses for the ports of Santos and Itajaí, the latter also managed by APS. The Port continues to break records every month, growing an average of 10% yearly. Accounting for 30% of Brazil’s foreign trade, the Port handles US$ 580 billion annually.

To meet this growth, APS has proposed expanding the current Port Zone from 7.8 million square meters to over 20 million square meters. This expansion will increase capacity, boost job opportunities, and secure the Port’s future for 40 years.

New lease auctions are being prepared, such as Tecon Santos 10, which will allow the Port to handle over 3 million TEUs (twenty-foot equivalent units) annually within three years, pushing total throughput to 10 million TEUs per year.

Source: A Tribuna

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