Tuesday in the "Official Gazette of Brazil" The act extending the duration of the contract has been published concession held by Brasil Terminal Portuário (BTP), the equal joint venture between the group's APM Terminals A.P. Møller-Mærsk and Terminal Investment Limited (TIL) of the Mediterranean Shipping Company which operates a container terminal at the port of Santos which is became operational in November 2013. The expiry of the contract, originally scheduled for 22 January 2027 based on the effective January 22, 2007, has been postponed by 20 years setting it on January 21, 2047. The agreement provides that the company terminal operator make new investments and increase the surface area of the 23,406 square meter terminal.

BTP has committed to making further investments for a minimum of 1.9 billion reais ($390 million), stressing that this is one of the largest private investment in port infrastructure in Brazil in the last ten years. BTP specified that the investment could reach 2.5 billion reais and that, with the increase in capacity also thanks to the purchase of new port equipment electrified vehicles, the volume of traffic handled annually by the terminal could reach 2.1 million TEUs. Especially The purchase of four ship-to-shore cranes, 27 cranes is planned 46 port tractors and will be built on the an increase in the storage capacity of refrigerated containers which will rise from 2,128 to about 3,500 reefers.