Brazil multi-purpose terminal officially opens

Brasil Terminal Portuário (BTP) was officially opened last Thursday with a gala celebration held at the new 1.2 million-TEU annual capacity facility at the Port of Santos. Development of the multi-purpose terminal project in South America’s busiest container port began in 2007, with APM Terminals acquiring a 50% share from Terminal Investment Limited (TIL) in 2010. The terminal represents an investment of over US$1 billion by APM Terminals and is operating as a joint venture, with the current concession spanning 20 years, notes an APM statement. The 490 000-sqm terminal is equipped with eight Ship-to-Shore cranes, 26 RTGs, 40 terminal trucks, and an automated 18 lane gate.