Vopak has announced it will expand its Alemoa terminal with 16 additional storage tanks.
The facility, which is located in Brazil’s Port of Santos, Latin America’s largest port, will have an extra 61,000 m3 of capacity added, increasing its total capacity after the project to 235,000 m3.
Additionally, five more truck loading bays will be constructed, which will be able to handle up to 130 additional trucks per day.
The new capacity will primarily be used for ethanol exports and the imports of fuels such as diesel and petrol. The investment is supported by long-term customer contracts according to Vopak.
The company says in a statement that the investment will strengthen its position as an independent import and export location for fuels. The project is expected to be commissioned by the first quarter of 2019.