The largest port complex in Latin America, the Port of Santos –Brazil– has very positive expectations to move a record 120.6 million tons of cargo in 2017, according to data offered by Santos Port Authority, Companhia Docas do Estado de São Paulo (CODESP).
The CEO of the port authority, Alex Olivia, said in a statement that this forecast implies an increase of 6.3% compared with 2016 results when the cargo movement totaled 113,475 million tons.
If this goal is accomplished, it will be third largest result ever recorded, behind the results registered in 2015 (119,931 million tons) and 2013 (114,077 million tons).
The Port of Santos expects to benefit from the increase of 2016/2017 grain harvest and sugar production.
In this sense, Cleveland Lofrano –CODESP director- said that the international demand and favourable climatic conditions will be key factors to increase by 9% the soybean harvest in 2017, part of which will be exported through Santos Port.The information also explains that Santos expects to increase exports and imports by 8.2% and 1.3% respectively in 2017. The bulk solid products are estimated to increase 12.1%, while bulk liquids are expected to increase by 1.2%. The general cargo is also expected to increase by 0.99%.
The information also explains that Santos expects to increase exports and imports by 8.2% and 1.3% respectively in 2017. The bulk solid products are estimated to increase 12.1%, while bulk liquids are expected to increase by 1.2%. The general cargo is also expected to increase by 0.99%.
“This volume, despite representing a reduction of 5.4 percent in comparison with the one calculated in 2015, mainly due to the significant decrease in corn shipments, was conducted in an adverse global economic scenario, showing the good performance of the Port of Santos, even in adverse situations,” concluded Oliva.
Source: Rio Times Online
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