APMT scores in Brazil
APM Terminals has acquired a 50% shareholding in Terminal de Conteineres do Vale do Itajai S/A (Teconvi) in Itajai, southern Brazil.
Teconvi operates at both the concession area and the public berths in Itajai. Total available berth length is 740 metres.
Teconvi plans expansion to cater for the continued high growth of the export market in Santa Catarina.
The plans include construction of a new berth suitable for gantry cranes, reinforcement of the existing quay and expansion of the yard area.