The Port of Imetame has received R$ 200 million in investments
May, 26, 2022 Posted by Gabriel MalheirosWeek 20221
In the early 2000s, the Port of Santos was the protagonist of a historical change in Brazilian agribusiness logistics. With the capacity to receive larger ships and more competitive costs, the port complex on the coast of São Paulo became the first option for many farmers who exported through the Port of Paranguá.
Two decades later, Porto Aracruz (known as the Imetame port) in Espírito Santo, which is under construction, will enter the dispute for agribusiness exports following the same strategy as the São Paulo terminal.
Container terminal to start operation in 2024
The Port of Imetame, in Aracruz, which is already under construction, will have the capacity to receive ships that transport 150,000 tonnes of cargo and that currently do not operate on the Brazilian coast. The largest ship that Santos can receive carries up to 90 thousand tonnes – and has a freight cost of 6 dollars per tonne more expensive in relation to the model that will operate in Aracruz.
Since larger vessels require a larger submerged part, one of the decisive factors for receiving larger ships is the depth of the waters that surround the port. Ships with a draft of up to 14.5 meters can dock in Santos, while ships with a draft of up to 16 meters will be able to dock in Aracruz.
The calculations done by the port of Aracruz indicate that the grain terminal will handle between 9.8 million and 11.5 million tonnes of soybeans per year, saving up to US$ 6 per tonne.
In the most optimistic scenario, the new port of Espírito Santo would be able to meet a demand of between 23.2 million and 27 million tonnes of soybeans, a volume equivalent to that exported by Santos in 2021.
Since last year, Imetame has invested around R$ 200 million in the project, which will receive a total of R$ 3 billion in its first phase, including a cargo terminal and a container terminal.
The container area will start operating first in 2024. The grain terminal is scheduled to start operations in 2025.
Source: Site de Linhares with information from Folha de Vitória
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