Port Itapoa has officially launched Phase Four of its growth initiative, with an anticipated investment of approximately $88.45 million over the next 12 months. Located in Babitonga Bay, Santa Catarina, in southern Brazil, Itapoa Port covers a yard area of 455,000 square meters and has a storage capacity of 31,000 TEU, enabling it to handle up to 1.8 million TEU annually. This expansion is particularly significant as it aims to increase the port's operational capabilities and accommodate rising demand. The upcoming expansion will add an additional 120,000 square meters to the yard, allowing for greater storage and improved logistics. Felipe Fioravanti Kaufmann, the Director of Business Development and Customer Experience at Port Itapoa, stated, “We are also planning to purchase additional high-tech equipment, which we expect will enhance the terminal’s efficiency and sustainability.” This investment in modern technology is expected to streamline operations, reduce turnaround times, and minimize the environmental impact of port activities. Overall, this expansion represents a strategic move to position Port Itapoa as a key player in the region's logistics and shipping sectors, further solidifying its role as a vital gateway for trade in southern Brazil.