Maersk challenges Brazil’s $1 billion port auction rules

A.P. Moller – Maersk (Maersk) has filed a lawsuit in São Paulo seeking to suspend Brazil’s upcoming auction for the Tecon 10 container terminal at the Port of Santos. The R$5.6 billion ($1 billion) mega-terminal project, overseen by Brazil’s waterway regulator Antaq, is intended to expand capacity at Latin America’s busiest container port. However, Antaq […]

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