BTP is currently developing the facility that is expected to be fully operational by mid 2013.· The new container facility will feature 15 meter water depth and a capacity of 2.2 million TEU when fully built out, to serve Brazil’s future ambitions through a world-class port capable of handling the next generation of vessels for the trade.
“In Brazil, one of the world’s fastest-growing markets, port modernization represents a huge opportunity, stated Kim Fejfer, CEO of APM Terminals calling “the new agreement is an important step in offering our customers better access to Brazil markets”. Vikram Sharma, CEO of Terminal Investment Limited added “this agreement will benefit Brazilian shippers by making Santos more competitive in world markets”.·