The terminal will cover six million sq metres and have five areas dedicated to bulk solids, liquids, general cargo, containers and soya, and should take ten years to complete. Capacity at Santos will effectively double from the current level of 60m tons.<\/p>\n
Dredging work associated with the scheme has been priced at $26m which Codesp is legally obliged to finance itself.<\/p>\n
Meanwhile, Brazil’s Coimex Group has brought in Banco do Brasil to structure the financial operation. Embraport at the port of Santos which could cost anything between $67.6m and $84.6m. Construction is due to commence in early 2005 depending on being given an environmental clean bill of health.<\/p>\n
Although the whole complex will take five years to complete, partial operation will commence after three, with phase one making available a capacity of 15m tons annually for grain handling. Eventually, the terminal will cover one million square metres and be capable of accommodating 400,000 containers and 300,000 vehicles, with eight vessels berthing simultaneously.<\/p>\n","protected":false},"excerpt":{"rendered":"
Santos port authority, Codesp, is lobbying for the 50-berth Barnabe-Bagres project to go ahead, possibly in the form of a public-private partnership. The price tag is estimated at $654m of which just $40m is currently allocated by the state although the national parliament could provide more money as part of its next budget statement. A Mitsubishi-Mitsui consortium has already indicated an interest in the scheme as have numerous Spanish and South African companies.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"sponsor":[],"class_list":["post-7209","post","type-post","status-publish","format-standard","hentry","category-north-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=7209"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/7209\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=7209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=7209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=7209"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=7209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}