Project Description
Brasil Terminal Portuário (“BTP” or the “Company”) is developing a container terminal in a brownfield area within the Port of Santos to serve Sao Paulo and surrounding areas in Brazil (the “Project”). The Port of Santos, Brazil’s main port, is the largest port in Latin America and also one of the most crowded. The existing container terminals at the port are operating at capacity with ships waiting outside the port in order to be serviced. The additional container handling capacity that the Project will provide is key to relieving congestion and improving efficiency. In addition, the Project will have a significant positive impact on pollution prevention and control as it includes remediating the project site formerly used for waste disposal. Upon completion, the terminal will have a draft of 15 m and the latest container handling equipment, enabling it to serve today’s large containerships and help address the shortage of container handling capacity in Santos.