## Company Profile SCHENKER TRANSITÁRIOS SA (DB Schenker Portugal affiliate) — Freight forwarder and project logistics specialist operating across Iberia. Lead contact: Jorge Garcia Fernandez, Head of Global Projects & Industry Solutions Cluster Iberia (Spain/Portugal). Core services likely include heavy-lift/project cargo, breakbulk, Ro‑Ro, chartering and inland abnormal‑load delivery for energy, infrastructure and industrial customers. As DB Schenker’s Iberian project lead, Jorge owns cross‑border project campaigns, port coordination, and EPC client relationships for wind, solar and industrial capital projects. ## Pain Points 1) Time‑critical scheduling risk: Renewables and EPC projects require narrow delivery windows; port berth unpredictability (Sines berth conflicts, Leixões SiMTeM delays) forces large schedule buffers or costly diversions. 2) Port & customs contingency management: Need to pre‑book heavy‑lift cranes/berths, secure customs pre‑clearance and alternative discharge options rapidly when a primary port becomes unavailable. 3) Integrated inland execution: Abnormal‑load road/rail permits, escort availability and night‑move windows are constrained; projects need a single orchestration channel that coordinates port, customs and inland heavy‑haul across Portugal and into Spain. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. [MARKET EVENTS] Iberia project cargo & heavy-lift market – 2026 trends for wind-turbine imports (Spain & Portugal) === Overall Iberia project cargo / heavy-lift context - Portuguese mainland ports handled 82 million tonnes in 2025, down 9.7% y/y. Sines fell 16.6% to 42.1 Mt, reflecting exposure to transshipment and energy bulks; Leixões handled 14 Mt, down 2.5%, partly due to labor stoppages and customs IT transition. - Despite lower totals, investment programs under “Portos 5+” focus on capacity increases at Sines and Leixões, including dredging, terminal upgrades, and rail connectivity, positioning them as the main Portuguese hubs for large and project cargo. Spain: capital goods & project cargo trend signals - A 2025 special report on Spanish ports notes that maritime imports of capital goods reached nearly 3 million tonnes, up 12.5% y/y, while exports fell 5.9% to 2.4 Mt. Capital goods include machinery and components relevant for wind and solar projects, indicating growing inbound heavy / project cargo flows. - Ports such as Bilbao, Gijón, Ferrol, and A Coruña are highlighted in 2025–26 offshore-wind reports as strategic for future offshore wind deployment and fabrication, with dedicated laydown space and heavy-lift quays emerging or planned. Portugal: project cargo set‑up for renewables - Sines is a deep‑water port with draft down to −28 m, able to handle vessels up to 350,000 dwt, with a multipurpose terminal for solid bulk, general cargo and Ro‑Ro, and heavy-lift capable quays. - Lisbon and Setúbal maintain mixed-use capacity for containers and project/bulk cargo, with dedicated Ro‑Ro ramps and heavy-lift equipment, while Sines and Leixões handle larger deep-sea and regional flows respectively. Specific 2026+ renewable project events driving heavy-lift demand - Portugal floating offshore wind: - A 1.5 GW floating offshore wind auction is underway, with an auction window that extends across 2026 and into 2027. The government targets 90% renewable electricity by end‑2027, implying rapid build‑out of wind and solar capacity and associated import flows of towers, blades, nacelles and foundations from 2026 onward. - Global offshore wind market updates identify three strategic ports in Spain for offshore wind deployment and a sequential centralised model for Portugal’s offshore wind tenders, implying port-side storage, marshalling and heavy-lift operations ramping up mid‑decade. - Hybrid hydro-wind project (Portugal): - In early 2026, the EIB and Iberdrola signed a €175 million green loan for the Tâmega Wind Hybridisation project. Construction works (and associated large component logistics to northern Portugal) ramp up over 2026–2030. - Floating solar & other utility-scale projects: - Endesa’s floating solar PV project on the Alto do Rabagão reservoir is slated to come into operation in 2026, implying 2025–26 deliveries of modular floats, inverters and structural components. Implications for 2026 heavy-lift/project cargo market - Despite 2025 volume declines, renewables-related project cargo is counter‑cyclical to bulk/energy flows and is set to increase through 2026–27, driven by Spain’s capital-goods import growth (+12.5% y/y) and Portugal’s offshore floating wind auction, Tâmega hybrid wind project and additional solar investments. - For 2026, Iberian heavy-lift operators and carriers can expect higher frequency of project calls at deep‑water ports and more multi‑modal moves inland feeding Spanish Meseta wind clusters and Portuguese interior hydro/wind complexes. Key data points & inferred trends (2026) - Portugal ports: 82 Mt in 2025 (−9.7% y/y); Sines 42.1 Mt (−16.6%); Leixões 14 Mt (−2.5%). - Spain capital-goods maritime imports: ~3 Mt in 2024/25, +12.5% y/y. - Portugal offshore wind auction: 1.5 GW floating; auction window 2026–2027; target 90% renewable electricity by 2027. === 2. [DEMAND SIGNALS] Portugal & Spain renewable project pipeline, tenders & installation schedules (2026–2027) === Portugal – policy targets and pipeline signals - Policy ambition: Portugal aims for 90% of electricity from renewables by end‑2027. - Offshore wind – 1.5 GW floating auction (2026–27): auction totals 1.5 GW and runs in a multi‑year window spanning 2026–2027; port pre‑investment, geotechnical campaigns, and early procurement will likely start from 2026. - Onshore wind & hybrid projects (2026–2030): Tâmega Wind Hybridisation project combines new wind with pumped-storage; EIB €175m loan signed early 2026; construction and turbine deliveries expected across 2026–2030. - Solar PV, including floating solar (2026 commissioning): Endesa’s Alto do Rabagão floating PV plant due in 2026, implying component deliveries through 2025–26. Spain – auctions, tenders and build‑out horizon (2026–2027) - Spain adopted an offshore wind framework (Royal Decree, Sept 2024) with three strategic ports pre‑identified for offshore deployment. Sequential centralized auctions mid‑ and late‑2020s add GW of offshore capacity; early-stage port development and storage needs increase in 2026–27. - Onshore wind and solar: capital-goods import data points to a rising equipment import pipeline for industrial and energy projects. Cross‑border and system‑level signals - Portugal currently imports 10–15% of its electricity from Spain; floating wind auction is framed to reverse import dependence and create export capacity. - EU‑level financing (EIB, REPowerEU) frames Iberian renewable build‑out as part of a 2024–2030 acceleration phase, pushing front‑loaded project development in 2026–27. Implications for 2026–2027 logistics demand - Steady to rising baseline demand (onshore wind & solar) and emerging peak signals (offshore floating wind) create demand for port civil works, storage of large steel structures and early prototype deliveries. === 3. [PROBLEM FRAMING] Port congestion, capacity & bottlenecks at Sines, Leixões, Lisbon (2026) and impacts on heavy-lift / inland logistics === System‑wide Portuguese port performance - Mainland ports handled 82 Mt in 2025, −9.7% y/y. The national regulator attributes Sines’ drop to vulnerability to global route reorganizations; Leixões’ smaller decline ties to labor stoppages, customs IT transition and container‑cargo constraints. Sines (Porto de Sines) - Largest Portuguese port, deep‑water, drafts to −28 m, handling crude, refined products, LNG, containers and multipurpose/project cargo; can receive ships up to 350,000 dwt. - A senior Galp executive reported that during Q4 2025 and Q1 2026, the company experienced “40% indisponibilidade do porto de Sines para a saída de contentores” – i.e. a 40% unavailability for container exports. - For heavy and project cargo, Sines’ deep draft and multipurpose terminal are advantages, but berth conflicts with liner and energy traffic can limit windows for heavy-lift vessels; unpredictable berth availability increases risk for time‑critical deliveries. Leixões (Porto de Leixões) - One of Portugal’s largest seaports and primary gateway for the Northern Region, handling containers, dry and liquid bulk, breakbulk and Ro‑Ro; ongoing upgrades aim to deepen access channels. - Customs IT system (SiMTeM) rollout in late 2025 caused container build‑ups and operational chaos; Yilport reportedly suspended export container reception at one point. - For project cargo, Leixões is the closest gateway for northern projects but customs/IT‑driven congestion increases dwell times and risks delayed clearance or gate access. Lisbon (Porto de Lisboa) - Mixed‑use port suitable for wind, solar and industrial components; planned investments and digitalisation aim to increase cargo handling by ~4.8% by 2026. - Channel/estuary limitations constrain maximum vessel size vs Sines, and urban interface can complicate abnormal-load moves; Lisbon can serve as a relief valve when Sines is unavailable. Inland transport bottlenecks (2026 perspective) - Primary bottlenecks include peak‑hour gate congestion, limited rail slot capacity during surges, and occasional crane or labor shortages. - Constraints translate into restricted time windows for oversize cargo road moves and rail capacity conflicts on corridors connecting Leixões with the interior and Sines/Lisbon with central and northern Portugal. Framing the problem for 2026–27 project logistics - Operational reliability issues (customs IT rollout, labor actions, energy-market volatility at Sines) can suddenly remove 30–40% of usable capacity for specific flows. - Mitigations: plan for alternative ports, embed SiMTeM risk into schedules, secure long‑term berth windows, and align port calls with road/rail permitting and escort availability. Sources: port and industry press (Port of Sines, Transportes & Negócios, TransporteXXI), EIB press release on Tâmega, Endesa, ScienceDirect analysis of Sines arrivals, national news coverage of SiMTeM and port throughput (eco.sapo.pt, jornaleconomico.sapo.pt), gettransport.com analysis.