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Liquipar Operações Portuárias to invest $106m in the Port of Paranaguá

Brazil’s Liquipar Operações Portuárias, which last year acquired the PAR 50 area of the Port of Paranaguá, will invest $106m to triple the liquid flow capacity of the terminal, especially fuels.

Michele Labrut, Americas Correspondent

June 24, 2024

1 Min Read
Brazil Paranagua Liquipar Operações Portuárias
Roberto Dziura Jr/AEN

Liquipar Operações Portuárias has acquired an area of around 85,000 square metres at the Port of Paranaguá with a current liquid storage capacity of 70,000 cubic metres, which it intends to increase to 210,000 cubic metres under a new investment.

The controlling partner of Liquipar, Cleiton Santos Santana, explained that the investment started shortly after the company officially took over the area, which happened around two months ago. The terminal obtained by the company in the concession is destined for the movement of liquid products including diesel, biodiesel, and other chemical volumes.

"We will triple the static storage capacity, with the implementation of new tanks with a capacity of 140 cubic metres. We will also build the new dock to transport these products, both for export and import of fuels," he said. 

Since 2019, five areas of the Port of Paranaguá have been awarded to the private sector and tenders for another three port areas are scheduled for later this year. The concession provides greater legal and operational security to the port, as it allows investments in these areas to be made by the awarded companies, as provided for by Liquipar.

The three areas due for tender are destined for the movement and storage of solid bulk of vegetable origin, and are foreseen and zoned in the Development and Zoning Plan of the Port of Paranaguá (PDZ).

Related:India to create $9bn mega port Near Mumbai

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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