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    Port of Antwerp invests $10 million in Brazilian port

    © Belga
    The Port of Antwerp announced on Monday that it is investing $10 million (€8.5 million) in Porto do Açu.
    © Belga

    The Port of Antwerp has acquired a shareholding of 1.176% in Porto do Açu. This is a port complex located in the north of the Brazilian state of Rio de Janeiro.

    The Belgian port announced on Monday that the investment amounts to $10 million (€8.5 million) and has been generated via the subsidiary Port of Antwerp International (PAI).

    Porto do Açu is active notably in the transport of oil and gas, and dry bulk and container goods.

    Brazil is ranked the sixth partner of the Port of Antwerp in order of importance, with more than 6.4 million tonnes of goods per year passing between Brazil and Antwerp.

    Oscar Schneider
    The Brussels Times