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Maersk sues over $1 billion Brazil port auction, MSC Group’s TIL may follow

June 26, 2025 2 min read
author Anamika Mishra, Sub Editor
Global shipping companies are turning to Brazil’s legal system to challenge regulatory restrictions preventing them from participating in the initial bidding round for a major new container terminal at Latin America’s largest port the Port of Santos. The first phase of bidding for the Tecon 10 terminal is scheduled to take place later this year. Danish shipping leader Maersk (MAERSKb.CO) has filed a lawsuit in São Paulo against Brazil's marine transport authority Antaq and its general director. According to legal documents reviewed by Reuters, the company is demanding “procedural corrections to ensure a fair process” in the awarding of the strategic

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