DP World and Maersk have signed a long-term strategic agreement to implement maritime services at DP World terminal in Santos, Brazil.
Maersk is to launch six new services with eight weekly calls in the first year of the agreement and then increase them to seven with 10 weekly calls in 2026.
The terminal handles about 1.4 million TEUs per year, but to meet growing demand DP World said it would invest $79 million to expand its capacity to 1.7 million TEUs by the end of 2026. A further $280 million will follow to increase the terminal’s capacity to 2.1 million TEU by the end of 2027.
“This agreement with Maersk not only allows us to expand our operational capacity for container handling but also ensures long-term access to Brazil’s leading port and logistics hub,” said DP World’s Commercial Vice President Marcio Medina.
Translation by Giles Foster
