DP World has signed a long-term strategic agreement with Maersk to expand maritime services at DP World’s terminal in the Port of Santos, Brazil.
DP World operates one of the country’s largest private terminals at the Port of Santos. Under the terms of the eight-year agreement, Maersk will introduce additional long-term services and maintain a minimum service level. In the first year, Maersk will launch six new services with eight weekly calls, increasing to seven services and 10 weekly calls in 2026 following DP World’s capacity expansion.
Currently, the terminal handles 1.4m teu annually. To accommodate growing demand, DP World is investing R$450m to expand its container-handling capacity to 1.7m teu by the end of 2026. The company also plans to invest an additional R$1.6bn to further increase capacity to 2.1m teu by the end of 2027.
Paulo Ruy, regional head of terminal and port procurement for Latin America at Maersk, said: “This agreement with DP World secures service capacity for Maersk at the Port of Santos. It aligns with our strategy to ensure reliable and efficient operations for our customers in the region. By having this commercial agreement with DP World, we are able to meet the growing demand for container handling and enhance our service offerings, ensuring that we continue to provide end to end logistics solutions, in addition to our stand-alone products.”
Energy News Beat