Brazil's Antaq signs three private port terminal contracts

Wednesday, December 3, 2014

Brazil's waterways regulator Antaq has signed adhesion contracts with local port terminal operators Porto Sudeste do Brasil, Vila Velha-CPVV, and JF de Oliveira Navegação.

They involve 25-year private use terminal concessions in the states of Rio de Janeiro, Espírito Santo, and Pará, Antaq releases said.

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Porto Sudeste do Brasil signed an agreement to operate a 931,052m3 terminal at Sudeste port in Rio de Janeiro state's Itaguaí city. It is primarily used for the handling of bulk solids such as iron ore.

Vila Velha-CPVV signed an agreement to operate a 61,519m3 terminal at Vila Velha port in the state of Espírito Santo which is used for the handling of liquid bulk and general cargo, a release said.

Lastly, JF de Oliveira Navegação signed an agreement with the authority for the operation of a 35,750m3 terminal in Pará state capital Belém. It is used for the handling of containerized and general cargo.

All concessions can be extended for another 25 years if contract conditions are met. No investment amounts were stipulated in the releases.

Porto Sudeste do Brasil contract. CREDIT: Antaq