Wilson Sons container terminals rise by 33 per cent in August

Wilson Sons container terminals rise by 33 per cent in August

Wilson Sons has reported a 33 per cent rise in August compared to the same month last year, owing to the good performance of the Rio Grande and Salvador container terminals, which saw greater exports, imports, and cabotage volumes.

Last month, the Rio Grande container terminal increased by 32 per cent to 66,000 TEU. Volumes at the Salvador container terminal, which connects Brazil’s North and Northeast regions to worldwide trade, increased 34 per cent to 37,000 TEU.

Wilson Sons’ two container terminals, which are equipped with contemporary infrastructure, can handle the world’s largest ships. Rio Grande container terminal welcomed 42 ships last month, compared to 32 in the same time in 2022.

Exports climbed by 22 per cent at the Rio Grande container terminal, which services the principal shipping lines connecting the South and the rest of Brazil to significant international markets, with more ship calls and shipments of wood, tobacco, and steel bars.

READ: Wilson Sons plans for renewable energy facilities at Rio Grande

Imports increased by 5 per cent, owing to increasing volumes of resins, glass, and steel items. Rio Grande container terminal recorded a 55 per cent rise in cabotage due to greater rice quantities, while inland traffic increased 37 per cent due to resins and wood.

The terminal also recorded an increase in cargo transshipment to and from the United States’ East Coast, as well as cabotage operations.

Wilson Sons CEO, Fernando Salek, said: “We have been through a challenging global scenario and are now witnessing the resilient recovery of growth in our terminals.

“We remain optimistic about the foundations of our trade business, and we demonstrate the continuous improvement in operational excellence and in our ESG practices.

“We reaffirm our customer service skills while pursuing long-term sustainable development oriented to the creation of value for our business stakeholders.”

READ: Wilson Sons nears 50,000 TEU at Rio Grande

Exports have increased by 32 per cent, with larger quantities of pulp and paper, ore, and plastics; imports have increased by 53 per cent, with higher volumes of electronics, chemicals, and solar panels; and cabotage has increased by 18.5 per cent, with higher volumes of rice, plastics, and drinks.

Transshipment and removal have increased by 61 per cent, owing mostly to increased cargo volumes from Turkey, India, and the Port of Vitória, as well as cargo exports to China, Argentina, and the Port of Vitória.

The incorporation of these tractors into the current fleet represents up to 341 tonnes of avoided CO2 emissions per year. 

By 2024, all the energy supplying the Rio Grande Container Terminal will come from renewable sources, which includes wind, solar or hydroelectric power stations.

In August 2023, Wilson Sons recorded profit of BRL197 million ($39.5 million) in the first half of this year, 23 per cent higher than the same period in 2022.

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