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On March 17, DP World and Maersk signed an eight-year strategic agreement to expand maritime services at DP World¡¯s terminal in Santos Port, Brazil. This partnership aims to capitalize on Brazil¡¯s growing trade potential and enhance logistics capabilities in the region.

Key Highlights of the Agreement

• DP World¡¯s Investment:

• DP World operates one of Brazil¡¯s largest private terminals in Santos Port, currently handling 1.4 million TEUs annually.

• The company plans to invest BRL 450 million to increase annual throughput to 1.7 million TEUs by 2026.

• An additional BRL 1.6 billion will be invested to further boost capacity to 2.1 million TEUs by 2027.

• Maersk¡¯s Commitment:

• In the first year, Maersk will launch 6 new services with 8 weekly calls at Santos Port.

• By 2026, the number of services will increase to 7, with 10 weekly calls.

Statements from Executives

• Márcio Medina, VP of Commercial at DP World Brazil:
  ¡°This agreement with Maersk not only expands our container handling capacity but also solidifies our position as Brazil¡¯s leading port and logistics hub.¡±

• Paulo Ruy, Head of Terminals for Maersk Latin America:
  ¡°The strategic agreement with DP World ensures Maersk¡¯s service capabilities at Santos Port, aligning with our goal to provide reliable and efficient operations for customers in the region.¡±

Record-Breaking Performance in 2024
DP World achieved a new record at Santos Port in 2024, handling over 1.25 million TEUs, a 14% year-on-year increase. This growth was driven by expanded container operations and the introduction of new shipping routes.

Strengthening Logistics Networks
DP World has also enhanced its network by signing a new agreement with Rumo, Brazil¡¯s leading rail operator, to develop a new terminal for grain and fertilizer transportation. This project will add 12.5 million tons of annual operational capacity.

DP World¡¯s Global Vision
DP World remains committed to strengthening global supply chains by modernizing infrastructure, expanding capacity, and creating new trade opportunities in Latin America and beyond.