Independent journal on economy and transport policy
07:19 GMT+1
This page has been automatically translated by Original news
ICTSI buys the container terminal Weighs Terminal River of Rio de Janeiro
The terminalista society will pass of hand for about 175 million dollars
July 29, 2019
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.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
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).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
