Independent journal on economy and transport policy
12:42 GMT+2
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APM Terminals will build a new container terminal in the Brazilian port of Suape
It will become fully operational by the end of 2025
August 22, 2022
The terminalista company APM Terminals of the group Danish shipowner A.P. Møller-Mærsk is awarded the judicial auction for the assignment of an area of the Estaleiro Atlantico Sul Shipyard (EAS) in Brazilian Port of Suape on which a terminal will be built for containers and other miscellaneous goods. APM Terminals has announced that will invest 2.6 billion reals ($503 million) in new container terminal that will initially have a capacity of annual traffic equal to 400 thousand teu, thus increasing by 55% the containerized traffic capacity of the airport South American port. The company of the Maersk group foresees to carry out the construction of the terminal within 24 months and make it fully operational by the end of 2025. The contract of concession will have a duration of 25 years.
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