Peruvian President Ollanta Humala has recently toured Callao Port, Peru, where APM Terminals has invested US$750 million for the port.
The container-handling technology acquired by APM Terminals could turn Peru’s largest port into a deep-water hub for South America’s west coast.
The terminal expansion will include dredging the port’s channel to 16 metres, expanding the container yard and building an underground conveyer belt for grains.
In addition, there will be the installation of four STS cranes and 12 RTG cranes at Callao Port.
The expansion is expected to double the terminal’s annual capacity from 800,000 TEU to 1.6 million TEU, as well as increase its general cargo capacity.
In 2021, the remaining phase of construction aims to bring Callao Port’s annual capacity to 2.9 million TEU, and 15 million tonnes for bulk cargo.
Managing director of APM Terminals Callao Henrik Kristensen said: “With this world-class facility able to handle the largest vessels in the trans-Pacific trade, Callao will become a new centre of trade and development for the Latin American region.”