DP World Santos is to invest Reais250M (US$50 million) in new equipment for its box terminal, located on the left bank of the Port of Santos, South America’s biggest for containers.
The cash will be spent on two new Ship to Shore Gantry Cranes, five RTGs, 12 internal transfer vehicles and two Empty Container Handlers. This adds to the Reais175 million already being spent on an additional 190m of quay. Together these improvements will boost annual capacity to 1.7 million TEU and allow for two large box ships to be berthed simultaneously.
“The expansions being carried out by DP World in Brazil will meet growing demand in the container market in the post-pandemic era and prepare the terminal to support Santos’ growth and strategic role as a key port in South America,” says Fabio Siccherino, CEO, DPW Santos.
DPW Santos, the third biggest box terminal operator in the port after BTP and Santos Brasil, handled 1.077 million TEU in 2023, 22 per cent of the overall throughput of 4.783 million TEU for Santos as a whole; up from 21.1 per cent in 2022.
