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

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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New J.Macêdo factory receives an investment of R$ 300 million, expands pasta production in the Northeast, creates jobs, and boosts the economy in Ceará.

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Mercedes has created an electric motor with over 1,000 horsepower that weighs only 12.7 kilograms — less than a suitcase and with the highest power density ever recorded.

At over 8 meters tall and resembling a trunk, this creature dominated the Earth 400 million years before the dinosaurs — and science still doesn’t know what it was.

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Brazil already has the largest electric buses in daily operation in the world: Goiânia has put 28-meter giants from Volvo on the streets to transform urban transport, placing the country at the center of a new showcase for urban mobility.