STBP3 on São Paulo Stock Exchange

Santos Brasil

Logo: Santos Brasil/Divulgação, CC BY-SA 3.0, via Wikimedia Commons3

Brazilian logistics company

Santos Brasil Participações S/A is a Brazilian logistics company, streamlining operations with containers. Currently the organization is publicly traded (a corporation), listed on Level 2 of Bovespa's Corporate Governance, has a brAAA rating according to Standard & Poor's, and it has invested R$3 billion, calculated at present value, in the three container terminals that it administers.2 Its shares trade on São Paulo Stock Exchange under the symbol STBP3.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1997Founded1

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Santos Brasil Participações S/A is a Brazilian logistics company, streamlining operations with containers. Currently the organization is publicly traded (a corporation), listed on Level 2 of Bovespa's Corporate Governance, has a brAAA rating according to Standard & Poor's, and it has invested R$3 billion, calculated at present value, in the three container terminals that it administers. Among them is Tecon Santos, the largest container handler in Brazil and Latin America in yearly average with 80 MPH (movements per hour), which is located on the left margin of the Port of Santos, administered by the Companhia Docas do Estado de São Paulo (CODESP) under supervision of the Special Ports Department (SEP/PR), which is responsible for most of the incoming and outgoing flow of goods in Brazil.2

The story

1997

Santos Brasil begins by winning a consortium of the privatization bid of the Santos Container Terminal, Tecon Santos, with an investment of US$250 million, under the name "Consórcio Santos Brasil".

2001

Tecon Santos totals 760 meters of mooring berth with the incorporation of 250 meters to the 510 original meters.

2006

Due to a corporate restructuring, the holding Santos Brasil Participações S/A is born with shares publicly traded on the São Paulo Stock Exchange (Bovespa), offering port and logistics services throughout the country. Through the Permission to Use - TPU instrument, the company begins to operate the TEV, Vehicle Terminal, at the Port of Santos.

2007

The holding incorporates the company "Nova Logística S/A", the operator of Mesquita Soluções Logísticas, beyond the services offered by "Santos Brasil S/A". 19.7% of the containers handled along the Brazilian coast pass through Tecon Santos, the company's terminal on the left margin of the Port of Santos. The building projects to expand Tecon Santos begin, which will give the location 980 meters of mooring berth.

2008

The productivity at Tecon Santos, measured by Movements per Hour (MPH), reaches the mark of 55 MPH. The rate was 11 MPH in 1997 when Santos Brasil took on the terminal's operation.

The company wins the bid to manage Tecon Imbituba at the Port of Imbituba. The process was conducted by Companhia Docas de Imbituba.

In the same year it wins the right to administer Tecon Vila do Conde at Vila do Conde Port in Barcarena, Pará

2009

Tecon Santos, which is operated by the company, receives the first Super Post-Panamax container cranes (super cranes on rails that run along the docks and are able to move two 40-foot containers simultaneously) on the American continent.

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In partnership with the Iochpe Institute, the Santos Brasil Formare School is created to train young people from Santos to work with port and logistics operations.

Through its subsidiary Union Armazenagem e Operações Portuária S.A., the company wins the bid to lease the Vehicle Terminal - TEV.

2010

Based on a study of institutional positioning, the company revises its logo and its entire visual communication.

The mooring berth at Tecon Santos is expanded to 980 meters with the opening of Terminal 4 (T4).

The area was purchased where today the Jaguaré DC is located on the west side of the city of São Paulo.

2011

Tecon Imbituba receives container cranes from China and has its mooring berth expanded to 660 meters.

Tecon Santos crosses a milestone in Brazil with 135.5 MPH (movements per hour) on a single vessel.

2012

Tecon Santos breaks a record in Brazil with 81.86 MPH (movements per hour) in a single month. In the same year, the terminal breaks another record in the Brazilian port sector, this time in handling: 105,000 containers in a single month.

As an alternative transport in Pará, inland river transport of containers via barge to other cities in the region was initiated.

2013

The company reached a 55% market share in the Port of Santos.

Standard & Poor's raises the organization's rating to "brAAA", which is the highest level for the Brazil National Scale.

Tecon Santos receives a vessel with the highest cargo capacity in the history of the Port of Santos. The Cap San Nicolas, belonging to Hamburg Süd, with 9,600 TEU (Twenty-foot Equivalent Unit).

From Wikipedia’s article on Santos Brasil, shared under CC BY-SA 4.0.4

Timeline

  1. Sep 29, 2021Went public Listed on São Paulo Stock Exchange1
  2. 1997Founded Founded1

Sources

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