Maersk, a global leader in marine transport and logistics, has entered a long-term strategic agreement with DP World, a supply chain and logistics powerhouse, to enhance maritime services at DP World’s terminal in the Port of Santos, Brazil.
DP World operates one of Brazil’s largest private terminals at the Port of Santos. Under this new eight-year agreement, Maersk will uphold a minimum service level while expanding its long-term service offerings. Following DP World’s planned capacity expansion, Maersk will introduce six new services with eight weekly calls in the first year, increasing to seven services with ten weekly calls by 2026.
Currently, the terminal handles 1.4 million TEUs (twenty-foot equivalent units) annually. To accommodate growing demand, DP World will invest R$450 million to increase its container-handling capacity to 1.7 million TEUs by the end of 2026. By the end of 2027, an additional R$1.6 billion investment will further expand capacity to 2.1 million TEUs.
“This announcement is another strategic step for DP World in Brazil, reinforcing our presence at the Port of Santos, and accelerating new expansion opportunities in the country. This agreement with Maersk not only allows us to expand our operational capacity for container handling but also ensures long-term aces to Brazil’s leading port and logistics hub.”
Márcio Medina, Commercial Vice President at DP World in Brazil.
“This agreement with DP World secures service capacity for Maersk at the Port of Santos. It aligns with our strategy to ensure reliable and efficient operations for our customers in the region. By having this commercial agreement with DP World, we are able to meet the growing demand for container handling and enhance our service offerings, ensuring that we continue to provide end to end logistics solutions, in addition to our stand-alone products.”
Paulo Ruy, Regional Head of Terminal & Port Procurement for Latin America at Maersk.
DP World set a new container volume record at the Port of Santos in 2024, handling over 1.25 million TEUs, a 14% increase year over year. This growth was fuelled by the launch of new services and expanded container operations. As part of its $85 million terminal expansion project, the company recently invested $50 million in cutting-edge port equipment, boosting capacity to 1.7 million TEUs and reinforcing Brazil’s position as a critical hub in global trade.
With this long-term partnership, Maersk and DP World are set to drive further growth and efficiency at one of Latin America’s most important ports, strengthening supply chain capabilities and fuelling economic expansion in the region.
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