The Chinese port group China Merchants Port Holdings Ltd. (CMPort) and the wholly-owned subsidiary Cyber Chic Co. have made an agreement with the Brazilian Prumo Logística and Açu Petróleo Investimentos and their joint venture venture Vast Infraestrutura, 80% owned and 80% respectively to 20%, to acquire 70% of the latter's share capital company that manages a terminal for liquid bulk in the port Brazilian airport in Açu (Rio de Janeiro), a terminal that Vast boasts be the only Brazilian private port terminal capable of accommodate VLCC tankers.

The agreement provides that upon completion of the CMPort transaction holds 70% of the capital of Vast and Prumo the remaining 30%. The expected value for the acquisition of the capital stake is of about 448 million dollars and the agreement provides that the value of the entire transaction not exceeding $714 million.

Currently, about 30% passes through the Vast terminal of crude oil exports from Brazil. The end it handles 560 thousand barrels daily and has a capacity of 1.2 million barrels per day.