Van Oord and BAM International land $460 million Moin Container Terminal contract

  • Van Oord & BAM International consortium to build APM Terminals’ new 1.3 million TEU capacity terminal

A consortium comprising of Dutch-based Van Oord and BAM International has been appointed by APM Terminals to complete the first construction phase of its new Moin Container Terminal.

The contact, worth US$460 million, will be split on an almost equal basis, with works scheduled to start during the first quarter of next year and expected to take around three years to complete.

Van Oord and Bam will be responsible for the construction of the new terminal and marine access. The scope of work consists of the construction of a 1.5-kilometre reinforced shoreline and breakwater protection, a reclamation area covering 40 hectares, including soil improvement works, and the dredging of the access channel and turning basin. Van Oord will deploy a trailing suction hopper dredger, a cutter suction dredger and rock installation equipment. BAM International will construct the 650-meter quay, soil improvement, pavement and associated buildings and all utilities.

“We are excited about our new dredging and construction partners and the important role they will play to make Moin Container Terminal an environmental leader and model to other terminals,” commented Paul Gallie, managing director of APM Terminals’ Moin Container Terminal.

“This new terminal will create 400 new direct jobs, can attract around 5,000 indirect jobs, inject 4 billion into the national economy and protect Costa Rica’s fantastic biodiversity.”

In 2011 APM Terminals signed a USD 992 million 33-year concession contract with the Costa Rican government to design, finance, construct, operate and maintain the new Moín Container Terminal, known locally as Terminal de Contenedores de Moín (TCM). The new terminal will be built at the Puerto Limón/Moín complex, which handles 80 percent of Costa Rica’s maritime commerce, and represents a total investment of more than $1 billion from APM Terminals.

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