Wilson Sons nears 50,000 TEU at Rio Grande

Wilson Sons Rio Grande Container Terminal totals 49,100 TEU in July

Wilson Sons witnessed a 44 per cent growth in the Rio Grande Container Terminal in July compared to the same period in 2022, totalling 49,100 TEU.

Total container activities at the Rio Grande Container Port and the Salvador Container Terminal were 22 per cent higher in July 2023 than in the same month in 2022.

Wilson Sons handled 83,300 TEU, up from 68,200 TEU in July of previous year.

The Salvador Container Terminal handled 34,300 TEU in July, up 0.5 per cent from July 2022, with exports up 6 per cent (due to increased amounts of fruit and iron ore).

Transshipment and shifting grew by 48 per cent at the Salvador Container Terminal, owing mostly to rising levels of transshipment from Saudi Arabia, Morocco, and the Port of Vitória, as well as exports to China, Argentina, and the Port of Itapoá (in the state of Santa Catarina).

READ: Wilson Sons cashes $115 million in Q1 2023

Last month’s total volumes handled were 63,100 complete units, up 27 per cent from the same time in 2022, while empty containers were 20,200 TEU, up 9 per cent on the same basis.

The company’s operating performance are also strong in the first seven months of the year. The Rio Grande and Salvador container terminals handled 573,800 TEU, a 9 per cent increase above the aggregate volumes reported at the two terminals from January to July 2022.

Transshipment and shifting increased 38 per cent in July at the Rio Grande container terminal, especially due to an increase in cargo transshipment to and from the US East Coast and South America West Coast.

Inland navigation rose by 32 per cent, with larger volumes of resins.

READ: Wilson Sons implements electric equipment at Salvador Container Terminal

Rodrigo Velho, Commercial Director at Rio Grande Container Terminal, said: “The growth in our operations is largely driven by the increase in exports, imports and inland navigation.

“One of the main reasons is the significant recovery of the Rio Grande do Sul cargo market share. The gradual recovery of ship call reliability also led to a decline in cancellations and lighter traffic in foreign ports.

“In July, cancellations fell by 82 per cent and, in the year, by 76 per cent. Additionally, we have higher empty container repositioning levels, which allows us to containerise tobacco, wood, rice, and other goods.”

Wilson Sons’ tugboat sector was another highlight of the company’s operating results. Last month, 5,035 port manoeuvres were performed, a 10 per cent increase over July 2022.

Manoeuvres grew mostly owing to a growth in the number of ships transporting containerised cargo, iron ore, cereals, and oil.

In July 2023, Wilson Sons announced its plans to implement renewable energy facilities at Brazil’s Rio Grande Container Terminal.

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