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22 August 2019 The on-line newspaper devoted to the world of transports 02:17 GMT+2



July 29, 2019

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ICTSI buys the container terminal Weighs Terminal River of Rio de Janeiro

The terminalista society will pass of hand for about 175 million dollars

The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI), through the society integrally controlled ICTSI Americas, has signed an agreement with the Boreal Empreendimentos and Participações, in its turn of entire property of the Brazilian group Weighs, in order to buy the entire share capital of Libra Terminal River, society that the Terminal manages Container 1 of the port of Rio de Janeiro within a concession contract that has taken effect in 1998 and whose expiration in 2011 is postponed to 2048. The transaction will have a value of 740 million real (175 million dollars).

The Philippine group previews to assume the management of the terminal of Rio de Janeiro within the end of this year. The container terminal, than last year has enlivened a containerized trade pairs to 135 thousand teu, has a dock of 715 linear meters with depth of the backdrop until -16 meters that are equipped with five crane ship-to-Shore and have areas of storage for 18,8 hectares.



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