Three ministers from Brazil's Federal Court of Audits TCU asked last Friday for a reassessment of the privatization process of the Port of Santos administration. The issue should be put back into the discussion in 45 days. The rapporteur, Minister Bruno Dantas, suggested giving preference to the privatization of smaller ports before addressing Santos.
The acting chairman of the Brazilian Federal Court of Accounts (TCU) and rapporteur of the Port of Santos privatization process, demanded the court’s technical unit a report on the project by November 6. Minister Bruno Dantas signed the order on October 11, stressing the “relevance of the matter” and the “need for timely action”.
The public hearing for the privatization of Brazil's largest and most dynamic port terminal has been again postponed, for a third time, following on an announcement from the Brazilian National Social Development Bank (BNDES). The purpose of such an action, referred to the Port of Santos, is to give time to more recommendations from the private sector to improve tender conditions.
The state-owned Santos Port Authority (SPA) reported over the weekend that volumes handled through the largest seaport in Brazil grew 2.3% between April and June of 2022, reaching 42 million tons of goods.
Sea freight cost between Santos, Brazil and Shanghai, China have risen 400% in two years. The hike was one of the main consequences of the covid-19 pandemic on Brazilian logistics, according to a study by a task force of the National Waterway Transportation Agency (Antaq) released last week
Brazilian police have requested that President Michel Temer answers 50 questions as part of an investigation into alleged corruption involving a decree regulating the country's ports, a government spokesman said.
A fire at a fuel storage facility near Brazil's largest port Santos entered its fourth day on Sunday as 110 firefighters worked to stop the flames from spreading further, the local fire department said.
Brazil's National Port Authority and Waterways has approved 1.73bn dollars in port infrastructure works to be carried out by three local operators: steelmaker CSN, container terminal operator Santos Brazil and US food and agribusiness firm Archer Daniels Midland Company (ADM).
Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.