In 2015, a year marked by a severe recession in Brazil that affected the industrial sector and international trade flows, Portonave’s trajectory was characterized by surmounting challenges. Despite the difficulties faced in the first half of the year, with a sharp drop in handling volume, our competitive advantages (e.g., service quality and the Terminal’s infrastructure) enabled the company to overcome the unfavorable scenario and reach the end of the year confirming its leadership, maintained since 2010, in containerized cargo handling in Santa Catarina, with market share in the state of 44.1%.
In all, 679,789 TEUs were handled in 2015, down 2.8% from the previous year. As a result, Gross Operating Revenue amounted to R$435.0 million in the year, while the profit base for the distribution of dividends came to R$107.3 million.
Completed in August 2015, the terminal’s expansion project expanded the rear yard, which reached approximately 400,000 square meters and effectively doubled our static capacity from 15,000 to 30,000 TEUs. This is an important competitive advantage that, complemented by our service excellence and competitive commercial conditions, has attracted new commercial partners. In the second half of the year, six new maritime lines began operating at the Terminal, which supported a 30% increase in average handling compared to the first six months of the year.
Service excellence involves a number of factors, including highly qualified professionals, efficient equipment and effective management systems. All of these aspects led Portonave to capture productivity gains in 2015, with the number of units handled per hour in vessel operations reaching an average of 103.4 moves per hour (mph).
We are keenly aware that productivity indicators are directly related to the development of our employees. After an intense cycle of operational training programs administered over the past few years, we dedicated 2015 to enhancing our career development programs and our professionals’ quality of life. For the second straight year, Portonave was elected one of the best companies to work for in Santa Catarina, according to a survey by the Great Place to Work Institute (GPTW).
The year was also marked by the launch of the activities of the Portonave Social Responsibility Institute, which is a non-profit organization created to reinforce the support and development of programs and projects to promote culture, sports, education and respect for the environment. In this way, the Institute undertakes the function of remaining attentive to the needs of local communities in order to identify investment opportunities that truly contribute to sustainable local development.
In 2015, various actions reaffirmed our commitment to sustainability, especially on the environmental front. Internally, we adopted electric power for our transteiners, which are the equipment most used for cargo moving and were powered exclusively by diesel fuel. By completely substituting fossil fuels with electricity, a process that should be completed in 2016, we will significantly reduce the air emissions generated by our activities, helping to combat climate change.
On the external front, the Our Beach project advanced over the course of 2015, with the community already seeing signs of recovery on the Navegantes coastline. The project’s benefits were recognized by two very important awards garnered by Portonave in 2015: the Fritz Muller Award from the Santa Catarina Environmental Foundation (Fatma) and the Ecology Expression Award from the publishing house Editora Expressão.
Other recognitions – such as the Citizen Company Award from the Santa Catarina Sales and Marketing Managers’ Association (ADVB) for the Onda Project, the Social Responsibility Certification granted by the Santa Catarina State Legislature and honorable mention in the category Port Operator of the Year in the Lloyd’s List Global Awards – show that we are on the right path. Motivated by all our accomplishments in 2015, we are working to consolidate a new cycle of sustainable growth over the coming years and are confident in the strategy of our shareholders, in the potential of our employees and in the support we always enjoy from the community of Navegantes and surrounding region.
Osmari de Castilho Ribas
Chief Administrative Officer
Renê Duarte e Silva Júnior
Chief Operating Officer
Felippe Basílio Ferreira
Chief Technical Officer