Wilson Sons, one of the largest port, maritime and logistics operators in Brazil, engaged Moffatt & Nichol to review and assess the Brazilian container market and develop volume and revenue projections for two of its assets, TECON Salvador and TECON Rio Grande.
The ports are two of Brazil’s main deep-water container terminals. Following the extension of Wilson Sons’ concession contract at TECON Salvador until 2050, the company committed to invest in the maintenance and improvement of the facility’s infrastructure and equipment. The objective of the works is to increase the total dynamic capacity of the terminal to approximately 925,000TEU per annum. The market study detailed the dynamics of the Brazilian container market and their effect on container volumes and competition from other ports and provided a container trade outlook on a regional level and throughout Brazil as a whole. Moffatt & Nichol also assessed how changes in the shipping and logistics sector could impact TECON Salvador and TECON Rio Grande and their ability to maintain their existing customer base and attract more cargo in the future, identifying the competitive position of each port in their respective regions.