APRAM and CLCM to settle mutual debts worth millions
The Government authorized APRAM to sign a debt settlement agreement with CLCM, ending long-standing disputes over fees at the Caniçal maritime fuel terminal.
The Regional Government has authorized the Administration of Ports of the Autonomous Region of Madeira, S.A. (APRAM) to sign a debt settlement agreement with the Madeira Fuel Logistics Company, S.A. (CLCM). The measure, approved by Regional Government Council Resolution No. 745/2026, aims to resolve legal disputes that have dragged on for years.
The debts stem from fees owed under the Administrative Concession Contract for the Operation of a Maritime Fuel Terminal in Caniçal, signed in 2005. The disputes involved administrative arbitration and judicial proceedings concerning the legality and quantification of fixed and variable fees.
After offsetting the amounts owed between the parties, including interest, the final amount owed by CLCM to APRAM amounts to €8,018,347.52. The consensual agreement aims to avoid the uncertainty and costs associated with continuing the judicial and arbitration processes.
The resolution also authorizes APRAM to seek the termination of all pending disputes with CLCM regarding the concession contract.
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