International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary ICTSI Americas B.V., has acquired a 47 percent stake in FII Inhaúma (Inhauma Fundo de Investmento Imobiliario—FII), securing strategic real estate for its long-term expansion plans in Brazil.
The acquired interest grants ICTSI perpetual rights to a 32-hectare property formerly known as the “Estaleiro Inhaúma” shipyard, located in the Caju district of Rio de Janeiro. Positioned adjacent to ICTSI’s existing terminal, ICTSI RIO Brazil, the site presents immediate and long-term opportunities for scaling operations in one of Brazil’s key port regions.
Financial details of the deal weren’t immediately provided by ICTSI.
In the near term, the property will serve as additional yard space for ICTSI RIO Brazil, helping ease operational constraints and improve cargo handling efficiency. Long-term, ICTSI plans to develop the site into a private use terminal (TUP), supporting Brazil’s broader infrastructure modernization and growing trade volumes.
“The acquisition underscores ICTSI’s commitment to expanding its presence in strategic logistics corridors and enhancing operational capacity in high-potential markets,” the company said in a statement.
The transaction reflects ICTSI’s ongoing strategy of leveraging real estate and infrastructure investments to complement its core port operations and capture value in fast-growing emerging markets. By investing in underutilized assets adjacent to its operations, ICTSI aims to optimize throughput, support future growth, and strengthen its foothold in Latin America’s second-largest economy.
The expansion in Rio de Janeiro builds on ICTSI’s growing global portfolio of terminals across Asia, the Americas, Europe, and Africa.
