Brazil's Opportunity investment group reached an understanding with French giants CMA CGM for the sale of its stake in the Brazilian Port Terminal of Santos (STBP3), it was announced late Sunday.

The decision was met with enthusiasm by employees of the Santos Port Authority (APS), as well as by labor unions and regional leaders. As a result, the APS will keep control of the largest port in ...

Cofco is set to open a massive port terminal in Santos next year, its latest international splurge as it jostles to contend with the world’s biggest food merchants. Flying over the southern ...