Brazil's Itajaí Port Channel Concession to Be Auctioned in 2026, with 350 Million Investment to Remove Shipwreck
2026-06-21 10:42
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en.Wedoany.com Reported - Brazilian Ports and the Ministry of Ports and Airports have announced that the 25-year concession plan for the access channel of the Port of Itajaí will be auctioned in the second half of 2026.

The project, with a total investment of 350 million Brazilian reais (approximately $69 million), aims to promote the modernization of the port complex in the state of Santa Catarina and includes a key operation: the removal of the wreck of the "Pallas," which sank at the mouth of the Itajaí-Açu River in 1893.

According to the plan, dredging operations will deepen the dock depth to 16 meters, enabling the port to accommodate vessels up to 400 meters in length. The project also includes the demolition of remaining breakwater structures and the deployment of a vessel traffic service system to enhance navigation safety.

In May 2026, the Itajaí Port Authority, Univali University, and the Federal Port Authority signed an agreement to jointly advance the technical studies required for the shipwreck removal.

The underwater hull of the "Pallas" has lain dormant in the river mouth for over a century, and this obstacle currently hinders the goal of expanding the turning basin diameter to 530 meters. The Port of Itajaí stated that removing the wreck will ultimately enable safer vessel maneuvering and increase dock productivity.

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