DP World and Rumo to build new grain and fertiliser terminal at Brazil’s Santos

DP World and Rumo to build new grain and fertiliser terminal at Brazil’s Santos

Image Credit: WAM

Dubai: DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million tonnes a year of grains and fertilisers, positioning the port as Brazil’s primary trade gateway and a key hub for South America.

Rumo estimates the total investment for the construction of this state-of-the-art facility at $500 million, which will be financed through a combination of Rumo's resources, loans, and potential strategic partnerships.

This is in addition to recent investments in DP World container handling facilities increasing capacity from 1.2 million TEUs to 1.4 million TEUs, while expanding the size of the quay from 1,100 metres to 1,300 metres.

Once complete the new terminal will handle 9 million tonnes of grains and 3.5 million tonnes of fertilisers a year. With construction expected to take 30 months, all other services including container handling at Santos will continue, with no impact to container handling operations.

Under the 30-year agreement, DP World will provide the terminal area located on the left bank of Brazil’s Port of Santos to Rumo and assume responsibility for operations and port services. The port is one of the largest and most modern