Vale SA announced it will invest $2.9 billion to increase capacity at the Ponta da Madeira Port Terminal in Sao Luis, Brazil. Vale is one of the world’s largest mining companies. As one of the biggest users of Brazil’s port system, in 2010 Vale exported 294.4 million metric tons of iron ore and pellets.
Ponta da [...]

Wilson, Sons is to invest an estimated US$1.8 billion to improve its port, logistics and maritime infrastructure until end-2017. The announcement was made Tuesday during a press conference for the Company’s first quarter results.
Wilson, Sons is one of Brazil’s largest port and maritime logistics operators. It has six operating segments: port terminals, towing, logistics, shipping, [...]

Global private equity firm, Advent International Friday announced it is to acquire 50% of the capital stock of TCP – Terminal de Conteineres de Paranagua S/A (TCP). TCP is Brazil’s third-largest container port terminal. The value of the transaction and other financial terms were however not disclosed.
All of TCP’s current shareholders – Pattac Empreendimentos e [...]

The port of Pecem in the Ceara state of Brazil will invest some considerable amount in the enhancement of the port’s infrastructure. The investment will be undertaken in a period of the coming six years, to cost about US$1.3 billion. The investment plans were revealed by the port’s spokesman in an interview with BNamericas. The [...]