The new terminal will handle 9mn tonnes of grains and 3.5mn tonnes of fertilizers annually upon completion
DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5mn tonnes a year of grains and fertilizers, 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 BRL 2.5bn (US$ 500mn), 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 1.2mn TEUs to 1.4mn TEUs, while expanding the size of the quay from 1,100m to 1,300m.
New Terminal
Once completed, the new terminal will handle 9 million tonnes of grains and 3.5mn tonnes of fertilizers 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 private multi-purpose port terminals in the country. The collaboration solidifies DP World’s position as the country’s leading multipurpose port operator, capable of simultaneously handling containers, cellulose, grains and fertilizers.
The new terminal marks DP World’s fourth round of investment since operations began in Brazil in 2013. It comes at a crucial time with the port achieving record cargo movements in January, handling 11.9mn tonnes of cargo. Bulk solids, such as sugar and soy, accounted for 5mn tonnes, up 13.9% compared to the same period in 2023, according to the Port of Santos.
Transformative project
“We are thrilled to partner with Rumo on this transformative project, which underscores our commitment to driving growth and innovation in Brazil’s logistics sector. This new terminal will not only bolster trade capabilities but also create long-term value for our customers and stakeholders,” affirmed Fabio Siccherino, CEO, DP World Santos.
In line with DP World’s global decarbonisation strategy, the new terminal will be equiped with 21 new pieces of equipment, featuring advanced technology to reduce consumption and emissions of polluting gases. DP World began the process of electrifying its Rubber-Tired Gantry Cranes (RTGs) at the Port of Santos in 2023.
DP World already invested US$ 35mn in 2023 to expand and modernise its facilities at the Port of Santos. The terminal currently inhabits 845,000sqm, with an additional 130,000sqm available for expansion.
