DP World & Rumo announced building a new grain and fertiliser terminal at Brazil’s Santos

DP World had already invested US$35 million in 2023 to expand and modernize its facilities at the Port of Santos, with further expansion opportunities available

DP World and Brazilian railway operator Rumo collaborated to construct a new terminal at the Port of Santos, aimed at handling 12.5 million metric tons annually of grains and fertilizers. This initiative positioned the port as Brazil’s primary trade gateway and a key hub for South America. The total investment for the construction of this advanced facility was estimated at BRL 2.5 billion (US$500 million) by Rumo. This investment was financed through a combination of Rumo's resources, loans, and potential strategic partnerships.

This project complemented DP World's recent investments in container handling facilities at the Port of Santos, increasing capacity from 1.2 million TEUs to 1.4 million TEUs. The quay size was also expanded from 1,100 meters to 1,300 meters. Upon completion, the new terminal would handle 9 million metric tons of grains and 3.5 million metric tons of fertilizer annually. The construction was expected to take 30 months, with no disruption to container handling operations. The new terminal marked DP World’s fourth round of investment in Brazil since operations began in 2013, aligning with the port's record cargo movements in January. Bulk solids, including sugar and soy, experienced a significant increase in cargo handling compared to the previous year, as reported by the Port of Santos.