Brazil top court blocks effort to shut key grain export terminal

Brazil's top court on Thursday barred the City of Santos from stopping its Ponta da Praia neighbourhood, which handles 15 percent of the country's grains exports, from moving, loading and storing dry bulk goods such as corn and soybeans.
The decision by the full Supreme Court was unanimous and confirmed a January injunction by judge, and now Chief Justice, Ricardo Lewandowski. That decision stopped implementation of a Santos municipal statute, Brazil's national ports secretariat said in a statement.
The court ruled that because the port areas in the neighbourhood come under federal jurisdiction, the city had no legal power to interfere with port activities, the statement said. Santos is Latin America's largest port by value of cargo moved. Many Santos residents have complained about heavy truck movement in an area, which is close to popular beaches. The Port of Santos handles about 35 percent of Brazil's exports of grains and 43 percent of the grains exports through Santos are concentrated in the Ponta da Praia area.