Port owner Cearaportus and APM Terminals (APMT) are planning to turn the Port of Pecem, Brazil into a regional transhipment hub along the East Coast of South America hub for mega-ships and will be investing US$175 million into the port, according to JOC.com.
Ricardo Arten, Managing Director of APMT in Brazil, said: “Its location is also strategic for all the routes from Asia, which makes it an excellent choice to receive cargo and distribute goods by cabotage.
“Depending on the cascade of vessels (sending larger ships to smaller trades as ships on the busiest trade lanes grow in size) to other trades, such as South America, Pecem can be the solution to immediately address the current deficiency of Brazilian port infrastructure.”
This follows news that APMT had broken a productivity at Brazil’s largest port, the Port of Santos by reaching 206 moves per hour (MPH), which was set while handling 1,980 containers from the 6,328 TEU capacity MSC Geneva.
It was also previously previous reported that Brazil had proposed a major new $446 million container terminal at the site of Pontal de Parana, just outside of the Port of Paranagua in the south of Brazil.
Fact File: APMT reached annual revenue of $4.24 billion in 2015, and operates in 69 countries globally with a global network of 72 operating port facilities. The terminal operator currently has nine new facilities in development.