China Merchants splashes $448m to take over only private VLCC terminal in Brazil

Chinese group acquires 70% stake in Vast Infraestrutura

The Vast VLCC terminal in Brazil. — The Vast VLCC terminal in Brazil.Photo: Vast

Gary Dixon

TradeWinds correspondentLondon

Published 4 March 2025, 07:55Updated 5 March 2025, 15:48

China Merchants Group Brazil VLCCs