Ceará Dock Company and Progeco Sign Lease Agreement for Container and General Cargo Terminal at Fortaleza Port

The Business Established Between Organizations Aims to Stimulate Cargo Handling Operations at Fortaleza Port. After the Agreement with the Port Authority of Ceará, Progeco Will Be Responsible for the Six-Month Lease of a Container Terminal in the Cearense Complex.

The port market in the state of Ceará continues to grow and seek new investments at the beginning of 2023. The Port Authority of Ceará (CDC) and Progeco do Brasil Container Operator have signed an agreement for the lease of a container terminal at Fortaleza Port. The contract has a duration of six months and will enable new operations for cargo handling in the region.

Six-Month Lease Contract with Progeco Can Ensure New Directions for Fortaleza Port in the National Port Market in 2023

Fortaleza Port is an important asset in the Cearense port market when it comes to container operations, due to the high potential of the activity.

In this way, the Port Authority of Ceará and Progeco have established an agreement for a temporary six-month lease of a container terminal in the port complex.

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Progeco is a subsidiary of the French company CMA Terminals, a multinational in the maritime transport sector, and according to the initial contract, will operate and maintain its own container and general cargo terminal across three operational areas.

This will ensure not only new directions for the company in the port market but will also contribute to the growth of container handling operations at Fortaleza Port.

The leased container terminal has a total area of 88,499.75 square meters, a considerable size for Progeco’s future operations in the Cearense complex.

The leasing of the area is part of the Development and Zoning Plan for Fortaleza Port, which foresees a series of contracts aimed at stimulating and boosting the complex’s role in the regional port market.

The main objective of the plan is to ensure new operations and increase container handling at the terminal, but this is not the only expected outcome of the action.

The Port Authority of Ceará hopes to ensure professional qualification and expand the specialization of operations at Fortaleza Port, offering more quality, modernization, and experience in activities.

Agreement Between the Port Authority of Ceará and Progeco Will Bring Even More Visibility to the Potential for Container Handling at Fortaleza Port

Fortaleza Port has an ancient vocation and increasingly greater potential in container operations.

Among the standout operations in the complex, the export of fruits in refrigerated containers (reefer type), especially melons, exported by long-haul shipping, can be highlighted.

Thus, the development of new contracts to increase the complex’s role in the segment will guarantee more visibility for the real potential of the Cearense port.

The CEO of the Port Authority of Ceará, Mayhara Chaves, highlighted the importance of leases like the one with Progeco and the previous results from the contracts.

“In 2018, when I took over the management of the Port Authority of Ceará, the leased areas were only 8.8% of the polygonal of Fortaleza Port. By the end of 2022, we managed to more than triple the use of leased areas, reaching 29.4%. The lease, among other advantages, should provide greater revenue and, as a consequence, solidify the excellent financial situation of the CDC, which has now been recovered,” she said.

The Port Authority of Ceará acts as the Port Authority at Fortaleza Port and aims to manage and commercially explore the respective facilities, promoting the growth of the port market in the area.