Brazilian Companies Prepare for Port Terminal Auctions Organized by the Federal Government

Written by Paulo Nogueira

Published on 16/09/2020 at 06:36

Vista Panorâmica do Terminal Portuário BTP: Imagem divulgação

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The Federal Government Plans to Offer Concessions Through 11 Auctions for the Remainder of the Year; The Private Sector is Optimistic

The Brazilian federal government’s plan to offer concessions for several port terminals in the coming months is motivating private sector participants to raise funds in preparation for the upcoming auctions.

The container terminal operator Santos Brasil is trying to raise at least 1 billion reais (US $ 190 million) through an initial public offering in the local market to purchase new port assets. The company stated that it plans to sell 192.68 million shares on September 24.

AUCTIONS

The government plans to offer concessions through 11 auctions for the remainder of the year, including for terminals in the ports of Paranaguá, Vila do Conde, Itaqui, Aratu, Itaguaí, Porto Alegre, and Maceió.

ARTICLE CONTINUES BELOW

SHOWING RESILIENCE

The Brazilian port sector remained resilient during the COVID-19 pandemic. State and private ports handled 538 Mt of cargo in the first half of the year, an increase of 4.4% compared to the previous year, according to the National Agency for Waterway Transportation (ANTAQ)

Cargoes of oil and its derivatives and soybeans saw the largest growth, at 19.8% and 31.4% for 123 Mt and 81 Mt, respectively.

Brazilian Companies Prepare for Port Terminal Auctions Organized by the Federal Government

The Federal Government Plans to Offer Concessions Through 11 Auctions for the Remainder of the Year; The Private Sector is Optimistic

AUCTIONS

SHOWING RESILIENCE

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Brazilian Companies Prepare for Port Terminal Auctions Organized by the Federal Government

The Federal Government Plans to Offer Concessions Through 11 Auctions for the Remainder of the Year; The Private Sector is Optimistic

AUCTIONS

SHOWING RESILIENCE

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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