Petition to suspend terminal bidding process denied by Brazilian judge

 

A Brazilian judge has rejected a request by Danish shipping group Maersk to suspend a bidding process for the Tecon 10 terminal at Brazil’s Port of Santos pending its call for a review to allow firms already operating there into the first phase. Judge Paulo Cezar Neves Junior said he did not see any illegality in the way the marine authority designed the auction, and noted that Brazil’s federal audit court is also analysing the bidding process. He therefore denied Maersk’s injunction request, citing the absence of an imminent risk that would warrant judicial intervention. Maersk had filed a lawsuit last month against Brazil’s marine transport authority (Antaq), calling for corrections to the bidding process to build and run the new mega terminal at Latin America’s largest port. Incumbent companies are barred from the first round of bidding for the contract, which is expected to require 5.6 billion reais ($1.0 billion) of investment, as per a report.

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