Açu Port trans-shipment terminal

Overview:

• Açu Port trans-shipment terminal
• Brazilian port operator Prumo Logistica is building transshipment terminal at Açu Port.
• The company secured $350 million in financing for the project.
• The 18-year non-recourse financing was provided by US development finance institution the Overseas Private Investment Corporation (OPIC).
• At the close of financing, this was the second largest Latin American transaction in OPIC history.
• The terminal will be used to transfer oil between ships.

Kurt Stumpo - Journalist