NEW SUGAR TERMINAL FOR BRAZIL

The Secretariat of Ports wants these new concessions to be awarded as soon as possible so that existing terminal operators do not have to seek extensions to their existing contracts. In fact, attempts by Cargill to extend its existing concession at the end of last year were vetoed by the Port Authority

Brazilian sugar producer Veracel Celulose is building a new US$8.5m private port facility known as Terminal Maritimo de Belmonte at the city of the same name, in Bahia state.