Cofco Wins 25-year Concession for New Brazil Port Terminal

March 30, 2022

(Photo: Cofco International)
(Photo: Cofco International)

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, Cofco said in a statement. The terminal will help expand Cofco's port capacity in Brazil to 14 million tonnes.


(Reuters - Reporting by Gus Trompiz and Caroline Stauffer)

Logistics News

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Third VLCC Exits Strait of Hormuz

Third VLCC Exits Strait of Hormuz

AAPA Supports House Appropriations Bill with $538m for Port Infrastructure

AAPA Supports House Appropriations Bill with $538m for Port Infrastructure

US Grain, Soy Futures Drop After US-China Talks

US Grain, Soy Futures Drop After US-China Talks

Subscribe for Maritime Logistics Professional E‑News

Russian diesel cargo drifting near Chile for two months, data shows
Airline cancellations in response to Middle East conflict
Southwest Airlines will expand its India Global Centre to 1,000 employees, says executive