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HCM-UWC 8,024 USD/FEU +6.90% Index 3,910 pts
2026-09-18 US East Coast
HCM-UEC 10,796 USD/FEU +9.14% Index 3,304 pts
2026-09-18 Northern Europe
HCM-NEU 3,895 USD/FEU -2.21% Index 2,681 pts
2026-09-18 Mediterranean
HCM-MED 4,290 USD/FEU -0.59% Index 2,344 pts
2026-09-18 China
HCM-CHN 73 USD/FEU -21.82% Index 856 pts
2026-09-18 Korea
HCM-KOR 325 USD/FEU -0.05% Index 1,090 pts
2026-09-18 Japan
HCM-JPN 487 USD/FEU -3.17% Index 1,572 pts
2026-09-18 Southeast Asia
HCM-SEA 309 USD/FEU -2.26% Index 1,583 pts
2026-09-18 Oceania
HCM-ANZ 4,396 USD/FEU -5.13% Index 6,957 pts
2026-09-18 Middle East
HCM-MEA Suspended
2026-09-18 South America
HCM-SAM 8,833 USD/FEU -17.89% Index 5,519 pts
2026-09-18 South Africa
HCM-ZAF 4,000 USD/FEU +1.97% Index 2,273 pts
2026-09-18 East & West Africa
HCM-EWA 4,888 USD/FEU +1.69% Index 1,245 pts
2026-09-18 Global
VCFI Composite Rate 5,137 USD/FEU +4.58% VCFI Composite Index 3,586 pts +3.37%
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Monday, 29/09/2025, 10:06 (GMT +7)

455

DP World and Hapag-Lloyd Extend 10-Year Partnership Agreement at Port of Santos, Brazil

DP World and Hapag-Lloyd have renewed their 10-year partnership agreement at the Port of Santos, Brazil, a move that coincides with DP World kicking off a terminal expansion project aimed at increasing capacity to 1.7 million TEU by 2026.

Port-of-Santos-Brazil

Port of Santos, Brazil (Photo: Petrosolgas / Phaata)

 

DP World, a leading global provider of logistics and supply chain solutions, has just announced the extension of a long-term agreement with Hapag-Lloyd, one of the world's largest shipping lines, for its operations at the Port of Santos, Brazil. With this contract, both companies reaffirm their partnership and ensure the continuity of container handling operations for the next ten years.

To meet growing demand, DP World is advancing its plans to expand port capacity in the coming years. The expansion project will allow for the handling of new maritime services and volumes for Hapag-Lloyd, while also continuing to serve other shipping lines efficiently and sustainably, reinforcing DP World's role as an independent and competitive terminal at the Port of Santos.

For Hapag-Lloyd, this agreement also provides a solid foundation to continue expanding its presence in the Brazilian market, ensuring predictability and efficiency in its business development in the region.


Santos Terminal Expansion Project


On August 21, 2025, DP World marked the groundbreaking ceremony for the quay extension works at the left bank of the Port of Santos. Scheduled for completion in August 2026, the project will add 190 meters to the existing quay, bringing the total length to 1,290 meters and enabling the terminal to accommodate larger container vessels.

The expansion also includes the procurement of new container handling equipment. With these investments, the terminal's handling capacity will increase to 1.7 million TEU per year by 2026, making DP World Santos one of the most modern private multipurpose terminals in Brazil.

 

See more:

 

Source: Phaata.com (According to India Shipping News)

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