JBS Terminais is to invest $42 million in its terminal at the port of Itajaí which it took over operations of in May 2024.

The investment will be for the acquisition of new equipment and the expansion of the storage area, aiming at strengthening operations and attracting new shipping lines to the terminal.

JBS Terminais will invest $22 million to increase capacity to 500,000 teu annually by purchasing new equipment, including two new mobile harbour cranes. The remaining $20 million will be invested in expanding the storage area by 12.5%.

Since JBS Terminais took over the management of the container terminal, several shipping lines have resumed operations at the port.

MSC was the first to return in September with its ‘Carioca’ service, which connects the Far East with the East Coast of South America. And Hapag-Lloyd has re-established its ‘SAT’ service, linking the East Coast of South America with the West of South Africa.

The Itajaí container terminal has a 550-metre quay and two STS cranes. It is one of two port facilities located at the mouth of the Itajaí-Açu River, along with the MSC/TIL-operated port of Navegantes on the opposite bank.

JBS Terminais is part of JBS S.A., a 70-year Brazilian multinational and one of the worldwide food industry leaders. Headquartered in Sao Paulo, the Company is present in in more than 20 countries. 

Sources: Seatrade Maritime News