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Brazil Delays Santos STS-10 Auction to May as Bidding Rules Are Reworked

Officials plan to take a revised model to President Lula after Carnival for a decision on publishing the tender.

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Overview

  • The ministry now expects to publish the tender in early March, targeting the auction for May 2026 after pushing back an April timeline.
  • ANTAQ’s proposed two-phase format limiting incumbent container operators drew TCU criticism, which recommended changes including barring large shipping lines from the first phase.
  • Minister Silvio Costa Filho said restrictions on shipping companies are under review following a Planalto meeting with President Lula and Chief of Staff Rui Costa.
  • The STS-10 terminal is projected to add about 3.5 million TEUs of capacity to the Port of Santos, which currently handles roughly 6.5 million.
  • Agribusiness and logistics groups called for an immediate, open auction and warned that limiting competition could deter investment, worsen congestion, and trigger lawsuits; the minimum concession was set at R$500 million in January.