DP WORLD has signed a long-term agreement with Maersk to expand maritime services at DP World's terminal in the Port of Santos, Brazil, reports Singapore's Splash 247.

DP World operates one of the country's largest private terminals at the Port of Santos. Under the terms of the eight-year agreement, Maersk will introduce additional long-term services and maintain a minimum service level.

In the first year, Maersk will launch six new services with eight weekly calls, increasing to seven services and 10 weekly calls in 2026 following DP World's capacity expansion.

Currently, the terminal handles 1.4 million TEU annually. To accommodate growing demand, DP World is investing BRL$450 million (US$80 million) to expand its container-handling capacity to 1.7 million TEU by the end of 2026. The company also plans to invest an additional BRL$1.6 billion to further increase capacity to 2.1 million TEU by the end of 2027.

Said Maersk regional manager Paulo Ruy: " This agreement with DP World secures service capacity for Maersk at the Port of Santos. It aligns with our strategy to ensure reliable and efficient operations for our customers in the region."