Brazil News


Brazil's Terminal Operators Accuse Shipping Companies of Anticompetitive Practices

Jul 07, 2022

The dispute between Brazilian port operators and global shipping giants Maersk and MSC is expected to escalate in the coming weeks, according to Brazilian newspaper Valor.Local port terminal operators, through their industry group ABTP, are trying to prevent Maersk and MSC from participating in an auction to operate terminal 10 in Latin America's largest port, Santos port, near Brazil's financial capital…

Brazil's Parana ports face unusually busy fertilizer import season

Apr 19, 2022

Ports in one of Brazil's biggest farming states are handling an unusual amount of fertilizer after importers rushed to secure supplies amid fears that sanctions on Belarus and Russia would curtail trade, the Parana port authority said.Brazilian…

Cofco Wins 25-year Concession for New Brazil Port Terminal

Mar 30, 2022

Cofco International said on Wednesday it had won a 25-year concession for an agriculture bulk terminal at Brazil's Port of Santos, expanding its footprint in the world's top soybean exporter.The STS11 terminal will be fully operational in 2026…

BIMCO: Iron Ore Spot Rates Spike 163%

Sep 29, 2021

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners will likely be enjoying high freight rates until the end of the year.Iron ore spot freight rates from Western Australia…

Brazil Private Ports Move 11% More Cargo in Q1

May 18, 2021

Brazil's private port terminals moved some 185 million tonnes of cargo in the first quarter, an 11% annual increase driven mainly by trade in mineral and agricultural commodities, data compiled by private port lobby group ATP showed on Tuesday…

Iron Ore to Displace Soybeans as Brazil's Main Export Earner

May 05, 2021

Brazil's iron ore export revenues are set to surge 60% this year and displace soybeans as the country's number one source of foreign exchange earnings for the first time in six years, Brazil's Foreign Trade Association (AEB) said on Tuesday…

Congestion at Brazil's Largest Port Leaves Traders Scrambling

Mar 23, 2021

Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.Congestion was hitting Brazil’s…

Rare US Soybean Cargo Unloaded at Brazils Paranaguá Port

Dec 04, 2020

A ship carrying 30,500 tonnes of U.S. soybeans was unloading its rare cargo on Friday after getting all regulatory permissions and docking at one of Paranaguá’s berths, according to a spokeswoman for the port authority.Brazil, a net food exporter…

Container Shortage Delays Shipments of Brazil's Record Coffee Crop

Oct 14, 2020

Coffee traders are struggling to ship cargos out of Brazilian ports because of a shortage of available containers or space in vessels to hold them, according to traders and analysts.Brazil's economy is suffering due to the coronavirus pandemic…

Brazil on a Grain Exporting Spree

Jul 01, 2020

Brazil is expected to export 11.9 million tonnes of soybeans in June, a 37% rise from the same month last year, as Chinese demand remains strong and ports operate normally amid the COVID-19 pandemic, industry group Anec said on Tuesday.Exports of corn from Brazil are seen at 774…

Demand for Brazil Grains Rise as Argentine River Shipments Hit Snag

May 28, 2020

Global demand for Brazilian grains is growing as Argentina and Paraguay struggle with low water levels in a key river for agricultural shipments that is preventing ships from being fully loaded, a Brazilian trading company told Reuters on Thursday…

Loading Resumes at Brazil Port After Ship Quarantined

May 26, 2020

Soybean loading operations were set to resume late on Tuesday at a berth at Brazil's Paranaguá port after a ship was ordered into quarantine following a positive COVID-19 test on a crew member, authorities said.Loading at the berth was halted after the positive test…

China's April Soybean Imports from Brazil Rise 2.6%

May 25, 2020

China's soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed late Monday, as the South American country could ship more cargoes owing to better weather conditions.China, the world's top soybean buyer…

Brazil Maritime Trade Surplus Widens

May 18, 2020

Brazil recorded a $19.7 billion maritime trade surplus in the first four months of the year as imports by value fell as the real currency weakened and exports of agriculture goods remained strong, a port operators group said on Monday.The surplus is 14…

Brazil Agrees to Raise Level of the Parana River

Apr 20, 2020

Brazil has agreed to release water at the giant Itaipu hydroelectric dam to raise low water levels in the Parana River, a key thoroughfare for grains shipments, Argentina's Foreign Ministry said on Friday.Decade-low water levels on the Parana…

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