SEMINAR NEW PORT LEGISLATION – INVESTMENTS AND NEW RULES

SEMINAR NEW PORT LEGISLATION – INVESTMENTS AND NEW RULES

Last June 14th took place in the city of São Paulo the “Seminar Package Ports – Investments and New Rules: Impacts Provisional Measure 595”.

At this event were discussed opportunities for new investments in concession leases, facilities and permits in Brazilian ports.

A Director of the National Agency for Waterway Transportation (“ANTAQ”) – Brazilian Agency which inspect the segment –   pointed out that the agency is linked to the Department of Ports and now starts to supervise directly the leased terminals and carry out the bidding of concession grants and leases port.

Remembering that the leased terminals are located within the public ports.

In this context, it is worth emphasizing that the Federal Government is working on regulating decree of this new regulatory framework and “ANTAQ” prepares the bids complementary resolutions of 160 leases  and port  concessions  of expired  contracts and contracts  to be expired until 2017, and the rules to adapt to the new legal framework of 270 leases and 129 permit terms and adhesion contracts of private terminals already granted.

The new port legislation puts an end to differentiate between own cargo and third parties load in the private terminals, thus eliminating barriers to entry for new investors.

Additionally, it also ends the bidding criteria based on grant. Now, the main criterion for judgment will be the largest movement with the lowest rate, and hurry up the procedures for granting, with the possibility of bidding for concessions and leases

According to “ANTAQ”, the start of terminal ports bidding for Pará Port (Pará is a State in Brazil) and the granting of the new port of Manaus (Manaus is a city in Brazil) will promote increasing supply in the North part of the country

The Pará and Santos ports are included in the first block bidding port of the Federal Government.

There is still the possibility of being released before October this year, the first batch of invitations to tender terminals in the ports of Pará and Santos.