The Municipality of Rotterdam and the Netherlands’ Ministry of Finance have approved the Rotterdam Port Authority’s (RPA) plans to acquire a shareholding in the Northeast Brazilian port of Pecem.
According to a press release, the RPA plans to invest some €75 M to buy 30% of Pecem port’s share capital. In addition to the equity interest the Rotterdam port landlord will obtain joint control of strategic decisions and positions at executive board, supervisory board and management level.
The dedicated container terminal at Pecem is operated since 2008 by APM Terminals. APMT Pecem offers a berth length of 760 m, according to Alphaliner, and it is fitted with two large ship-to-shore gantries. Last year, the terminal handled a box volume of 209,000 teu, up 22% from 2016.
Pecem is an important gateway for fruit exports with a special focus on melons and mangoes.