APM Terminals (APMT) Suape has completed the land purchase of approximately 50 ha, the latest stage in the development of a fully electrified terminal with the aim of boosting trade, employment and development in the Northeast of Brazil.
The finalisation of the purchase in Pernambuco means plans to begin operations in the third quarter of 2026 are on track, with work due to start this month and next.
In 2022, APMT won the judicial auction for the acquisition of the Isolated Production Unit of Estaleiro Atlântico Sul (EAS) land.
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