Ports and Terminals

Santos Brasil initiates operations at Saboó logistics terminal

Mar, 17, 2021 Posted by Ruth Hollard

Week 202112

Santos Brasil has begun operating the Saboó logistics terminal which is located on the right bank of the Port of Santos. With approximately 42,000 square meters dedicated to receiving, storing, and loading general cargo and project cargo, the terminal marks the beginning of a new phase of diversification of the company’s activities for sectors that share synergies with its current operations.

The transitional contract was signed in 2020 and authorization to begin operations was released by the federal tax authority on February 2nd. The first load was received on February 20: a 217-ton transformer that measures 12.4m width by 3.82m length and 4.7m height. The cargo is the first delivery of a two-unit lot and will be stored in Saboó for about 30 days until it is shipped from the Santos public dock to Florida, in the United States.

In January of this year, Santos Brasil won a tender to develop yet another temporary area in Saboó comprised of a 64,000-square-meter area for the handling of empty containers, general cargo, and project cargo.

The investment in these two terminals is part of Santos Brasil’s new direction, which foresees the diversification and expansion of the company’s operations to unassisted sectors sharing synergies with its current operations.

In Santos, in addition to the Saboó terminals, Santos Brasil operates Tecon Santos (container terminal) and TEV (Vehicle Terminal) and has two bonded terminals (Clias) strategically positioned on each side of the port.

According to Antônio Carlos Sepúlveda, President of Santos Brasil, Saboó’s location at the entrance to the city is strategic for the port and ideal for handling project loads, large and custom-size loads, heavy loads, and general cargo. It is also very important for fertilizer exports as it is the only area still available in the public port for this type of cargo. “With these leases, we reinforced our presence in the port of Santos for non-container activities, seeking synergies with our current customers,” he says.

In November 2020, Santos Brasil raised R$ 790 million with a primary offering of shares on the B3 stock exchange. The funds will be allocated to enable the growth of the company through participation in new leases of port assets; verticalization, and integration of the port logistics chain using the Santos Brasil Logística platform; and expanding participation in Brazilian container handling.

According to Sepúlveda, the company plans to participate in the next auctions scheduled by the federal government for liquid and solid bulk and is looking closely at opportunities in the Port of Santos.

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