{"id":29716,"date":"2022-03-31T13:07:57","date_gmt":"2022-03-31T10:07:57","guid":{"rendered":"https:\/\/www.al-sindbad.net\/cofco-awarded-new-santos-port-terminal-concession\/29716\/"},"modified":"2022-03-31T13:07:57","modified_gmt":"2022-03-31T10:07:57","slug":"cofco-awarded-new-santos-port-terminal-concession","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/cofco-awarded-new-santos-port-terminal-concession\/29716\/","title":{"rendered":"COFCO awarded new Santos port terminal concession"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Chinese state-owned agricultural trader COFCO International has won a 25-year concession for a new agriculture solid bulk terminal, in the Port of Santos, Latin America\u2019s busiest and largest port.<\/p>\n<p>Once fully operational in 2026, the STS11 terminal will expand the company\u2019s own port capacity in Brazil to 14m tonnes and support its plans to increase exports from the country.<\/p>\n<p>As part of the lease agreement, COFCO International Brasil said it would invest in the modernisation and expansion of the terminal facilities, making it one of the largest in the Port of Santos.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>COFCO sources and exports grains, oilseeds, sugar, coffee, and cotton from more than 7,000 farmers in the country. It also produces ethanol which is sold mainly on the local market. For grains and oilseeds, it has two port terminals, one processing plant, and 19 storage facilities scattered around the country.<\/p>\n<p>\u201cThe investment will provide farmers more choices and create new opportunities for COFCO International Brasil to cooperate with local industry partners and logistics companies,\u201d the company said in a statement.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/brazil\/\" rel=\"tag\">Brazil<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese state-owned agricultural trader COFCO International has won a 25-year concession for a new agriculture solid bulk terminal, in the Port of Santos, Latin America\u2019s busiest and largest port. Once fully operational in 2026, the STS11 terminal will expand the company\u2019s own port capacity in Brazil to 14m tonnes and support its plans to increase &hellip;<\/p>\n","protected":false},"author":1,"featured_media":29717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[],"class_list":["post-29716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29716"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/29717"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}