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Cabinet officials

Brazil to Auction Access Channel to Port of Paranagua for R 1 Billion

Strategic Insights

— 2 min read

Brazil's Ministry of Ports and Airports announced that it will auction the access channel to the Port of Paranagua for R 1 billion, with the bidding process set to take place on October 22 at B3 headquarters in Sao Paulo. The auction is a significant development for the port, which is the second-largest in Brazil and Latin America, and is expected to expand its capacity and operations.

The port, which currently receives 2,600 ships a year, including solid bulk such as soy and animal protein, will see its access channel expanded from 13.5 meters to 15.5 meters deep, allowing it to receive larger ships and increase cargo movement. The concession will also drive the development of the surrounding region, generating employment and income in nearby cities and the state.

Key Takeaways:

  • The access channel to the Port of Paranagua will be auctioned for R 1 billion on October 22 at B3 headquarters in Sao Paulo.
  • The port is the second-largest in Brazil and Latin America, after the Port of Santos.
  • The access channel will be expanded from 13.5 meters to 15.5 meters deep, allowing for the reception of larger ships.
  • The concession will increase cargo movement and generate employment and income in the surrounding region.
  • Three other port terminals will be auctioned on the same day, including RDJ07 in Rio de Janeiro, POA26 in Porto Alegre, and TMP Maceio in Maceio.
  • RDJ07 will receive R 99.4 million for a 25-year concession, while POA26 will lease for R 21.1 million for a 10-year concession.
  • TMP Maceio will receive R 3.7 million for a 25-year concession.

Statistics:

  • R 1 billion: the amount of funding for the access channel to the Port of Paranagua.
  • 13.5 meters: the current depth of the access channel.
  • 15.5 meters: the proposed depth of the access channel after expansion.
  • 2,600 ships: the number of ships received by the port annually.
  • 60 tons: the increase in load capacity per centimeter of depth in the access channel.
  • R 99.4 million: the amount of funding for the concession of RDJ07 in Rio de Janeiro.
  • R 21.1 million: the amount of funding for the concession of POA26 in Porto Alegre.
  • R 3.7 million: the amount of funding for the concession of TMP Maceio in Maceio.

Sources:

  • Al Bawaba (Albawaba.com) - "Brazil to Auction Access Channel to Port of Paranagua for R 1 Billion"
  • Ministry of Ports and Airports - Special Advisory of Social Communication
  • SyndiGate Media Inc. ( ) - "Brazil to Auction Access Channel to Port of Paranagua for R 1 Billion"

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