AUGUST BEST MONTH OF 2020 FOR THE CDRJ PORTS

In August, Companhia Docas do Rio de Janeiro (CDRJ) handled 5.16 million tons in its ports. The volume was the highest recorded this year and is also the highest monthly volume since December 2018. The volume surpassed August 2019’s movement by 921,000 tons, which corresponds to a growth of 21.7%. The data was released on September 15 by the company’s Business Planning Department.

The Port Authority’s two main ports  – Port of Rio de Janeiro and Port of Itaguaí – contributed to the positive result. The Port of Itaguaí handled 743 thousand tons more than in August 2019, corresponding to a 20.1% increase. In the Port of Rio de Janeiro, the increase was even greater, with 171 thousand tons more than in August 2019, an increase of 31.4%.

The following charts show the history of cargo handling through the Ports of Rio de Janeiro and Itaguaí month by month, since January 2017:

Cargo Handling at the Port of Rio de Janeiro | Jan 2017 to July 2020 | WTMT

Source: DataLiner

 

Cargo Handling at the Port of Itaguaí | Jan 2017 to July 2020 | WTMT

Source: DataLiner

 

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The positive performance was mainly due to the strong increase in iron ore exports at the CPBS terminal at the Port of Itaguaí, which moved 1.79 million tons, as well as due to exports of pig iron through the Triunfo Logística terminal at the Port of Rio de Janeiro, with 211,000 tons handled in August 2020.

It is worth mentioning that CDRJ had the highest recurring revenue (excluding extraordinary revenues) in July 2020, having reached the mark of R$ 53 million, mainly due to iron ore exports through the CSN and CPBS terminals in the Port of Itaguaí, in synergy with a favorable exchange rate and the high price of the commodity in the international market.

 

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