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Regulator approves bid for temporary Itajaí terminal contract from Portonave shareholder

November 7, 2023
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Brazil’s maritime regulator disqualifies lead bidder for temporary Itajaí terminal contract

Port of Itajaí

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Brazil’s National Waterway Transport Agency (Antaq) has approved the proposal for the temporary operation of the Port of Itajaí’s container terminal from Teconnave Terminal de Containeres de Navegantes, a shareholder in Portonave, which is owned by MSC’s terminal arm Terminal Investment Limited (TIL). 

The company, which was the third-choice bidder for the two-year interim contract, proposed that it could handle 35,000 teu monthly at the port in Santa Catarina state. 

Previously, Antaq had vetoed the bids of the two highest bidders, claiming their proposals were unfeasible. 

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