EUROGATE invests in Brazil
The Germany based container terminal operator with Terminals across Europe from Hamburg to Lisbon and Tangier takes a step towards Brazil. Eurogate has acquired 16.67 per cent of CONTRAIL Logistica S.A., located in Cubatão, Brazil.
Contrail is an intermodal logistics provider in the area of Santos which is – with about 3.6 million TEU – the largest Brazilian port. Contrail does the link from the port to the hinterland. The best performing terminals in port of Santos is Brazil Terminal Portuario (BTP). The terminal is a 50/50 joint venture of APM Terminal and TIL. The two big customers are the world leading shipping lines Maersk and MSC.