ICTSI Plans to Invest R$948 million to Expand, Modernize Rio Brasil Terminal

Chennai:

Port Wings News Network:

Silvio Costa Filho, Minister of Ports and Airports, Government of Brazil, has announced a new private investment of R$948 million in works to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro.

According to a media statement, the project, which will be executed between 2025 and 2029, will increase the public terminal’s operational capacity by 70.5%, from the current 440,000 TEUs per year to 750,000 TEUs per year, consolidating Rio de Janeiro as a reference logistics hub for the Southeast and Midwest regions of Brazil.

Accompanied by local authorities and executives of International Container Terminal Services, Inc. (ICTSI), the minister reinforced the strategic importance of the project for the expansion, modernization and greater competitiveness of the national port system, one of the priorities of his management at the head of the portfolio.

The total investment of R$948 million comprises approximately R$414.4 million in infrastructure works and R$533.5 million in the acquisition of state-of-the-art equipment. The actions include the unification and expansion of storage yards, rearrangement of buildings to optimize internal flows, acquisition of new equipment for container handling, modernization of utility systems and electrical infrastructure, as well as investments in technology and automation, with increased efficiency of customer services.

“It’s an investment of almost R$1 billion that will be essential for us to expand operations here at the port, going from 440 thousand to 750 thousand TEU and, in the future, perhaps reaching 1.2 million,” said Minister Filho.

“As of November 30, the Port of Rio had already grown 14% in cargo movement. This is important because, when we put the port in partnership with the Federal Government, the state government and municipalities, we strengthen the country’s production chain and logistics,” he said.

Efficiency gains and greater competitiveness

The expansion of the Rio Brasil Terminal will allow the terminal to continuously operate large vessels on the full berth, including new Panamax and post-Panamax vessels, up to 366 meters long (LOA) and with a capacity of more than 13,000 TEUs. This adaptation is essential to keep up with the global trend of increasing the size of vessels that call the east coast of South America. The first two new cranes already arriving mid-2026 are built for the world’s largest vessels with a length of 400 meters.

“ICTSI is the largest independent container operator in the world, with 34 terminals in 20 countries. In Brazil, we are focused on bringing the highest international standards of operational efficiency and technological development to our operations. This project demonstrates our long-term commitment to the development of Brazilian logistics competitiveness,” said Anders Kjeldsen, ICTSI’s Vice President for the Americas.