August 3, 2025

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Brazil judge rejects Maersk request to alter $1 billion port auction

Luciana Magalhaes

SAO PAULO (Reuters) -A Brazilian judge has rejected a request by Danish shipping group Maersk to suspend a bidding process for the Tecon 10 terminal at Brazil’s Port of Santos pending its call for a review to allow firms already operating there into the first phase. Maersk filed a lawsuit last month against Brazil’s marine transport authority (Antaq), calling for corrections to the bidding process to build and run the new megaterminal at Latin America’s largest port, as first reported by Reuters. Judge Paulo Cezar Neves Junior said he did not see any illegality in the way the marine authority designed the auction and noted that Brazil’s federal audit court is also analyzing the bidding process.

Source:: News – World – Latin America – Brazil #4 – rss.app

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