Razon’s ICTSI expands Brazil footprint with new stake in Rio marine property

April 21, 2025
11:27AM PHT

Global port operator International Container Terminal Services Inc. (ICTSI) has strengthened its position in Brazil with the acquisition of a strategic marine property in Rio de Janeiro.

The deal, made through ICTSI’s wholly owned subsidiary ICTSI Americas B.V., involves a 47-percent stake in FII Inhaúma, which holds perpetual rights to a 32-hectare property known as “Estaleiro Inhaúma.”

The site, a former shipyard, sits next to ICTSI’s existing Rio Brazil Terminal and will be used immediately as additional capacity to support ongoing operations. Over the longer term, ICTSI plans to transform the area into a Private Use Terminal (TUP), boosting the port’s overall logistics and operational capabilities.

The property is located in Caju, Rio de Janeiro, at Rua General Gurjão, near ICTSI’s existing port facilities, allowing seamless integration into its current footprint.

The investment is part of ICTSI’s broader strategy to grow its presence in key emerging markets by acquiring high-potential assets for redevelopment.

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