TCP – Terminal de Contêineres de Paranaguá – the second largest container terminal in South America just announced a new investment plan summing up 1.1 billion BRL.
The program is linked to the approval by ANTAQ (Agência Nacional de Transportes Aquaviários) on Oct 2nd, of the proposal for early renewal of TCP’s lease contract for more 25 years from 2014, under the new regulatory framework for the port sector.
In the first phase, which runs until 2018, 540 million BRL will be invested to expand and improve the terminal, including more than 220 meters expansion of the mooring dock, reaching 1,099 meters long. Exclusive dolphins for the operation of vehicle carrier vessels will also be built and the existing 320 thousand square meters of retro area will be increased to up to 500 thousand square meters.
At the end of this phase, TCP will have its handling capacity augmented from 1.5 million TEUs to 2.5 million TEUs. With such improvements, TCP will be ready to cater for the growing demand of exports and imports within its hinterland – Paraná, São Paulo, Mato Grosso do Sul, Mato Grosso, Santa Catarina e Paraguai – for the next 35 years.
“In recent years we invested 365 million BRL in modernization and expansion of TCP, nearly doubling its capacity to 1.5 million TEUs and significantly increasing productivity “, says Luiz Antonio Alves, CEO of TCP. Thus, in addition to offering better services for exporters and importers and placing TCP among the best terminals in the world, the terminal is prepared to support the demand growth up to 2024.
“With the new investments we are going a step further, ahead of the ongoing trends of the cargo transportation market, where ships are getting bigger. The new expansion of the dock will allow TCP to receive simultaneously up to three of the largest vessels engaged in international trade “, highlights Alves, reinforcing TCP’s commitment to increase its productivity. “In two years we achieved an increase of 150% in TCP’s productivity, reaching an average of 85 mph [movements per hour]. With the new project, we want to further expand our productivity, since it stands for better services and lower costs for users of the terminal”.
Market
Alongside the investments for the next three years, the terminal is also commitment to investing an additional 550 million BRL in maintenance and replacement of assets in the next 35 years. “These are resources that aims to keep TCP constantly updated to meet the needs of the productive sector in an extremely demanding and competitive market,” explains Alves, recollecting that TCP is inserted into the most competitive area of Brazil’s container terminals between PR and SC , where five public and private container terminals are located. “We are in the so called Southern Brazilian Cluster, which has a higher level of competitiveness and requires heavy investments by the terminals, in order to meet the growing demand with high quality services and seek more efficiency.”
Remarks
The anticipated renewal of leasing contracts of public port areas for private use terminals is established on the new port sector regulatory framework – Law 12,815/2013, which replaced Law 8,630/1993. Alongside to TCP, 45 terminals submitted proposals to Antaq for anticipated renewal of leasing contracts. With Antaq’s green light, the TCP proposal follows for analysis, approval and final signature by the Secretariat of Ports (SEP) of the Presidency.
About TCP
TCP, the second largest container terminal in South America in cargo handling, was created in 1998 after winning the container terminal bid of Paranaguá Port conducted by the State Government of Paraná.
Offering high-quality services and constantly seeking operational excellence, TCP is currently one of the most productive container terminals in Brazil, allowing the shortest vessel port turnaround time.
After receiving one of the largest private investment in the Brazilian port sector in recent years (365 million BRL over the last three years), TCP currently is capable of handling 1.5 million TEUs per year, has about 320 thousand square meters of warehousing area and an 879-meters quay wall with up to 3 berths.
TCP’s shareholders are private equity fund Advent International, Pattac Empreendimentos e Participações S/A, TUC Participações Portuárias S/A, Soifer Participações Societárias Ltda., Grup Marítim TCB S.L. and Galigrain S.A.
For more information about TCP, visit www.tcp.com.br
Source: TCP press release
Source: TCP press release