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APM Terminals Callao commences $95 million expansion

APM Terminals Callao port bird view
APM Terminals Callao has commenced the $95 million expansion works on stage 3A of the Multipurpose North Terminal Modernisation Project in the Port of Callao.

The company held a symbolic ground-breaking ceremony in presence of Dina Boluarte, the President of Peru, Walter Tapia, President of the National Port Authority, and the minister of transport and communications and the minister of foreign trade and tourism. 

The expansion works will include the construction of a battery of 12 vertical silos for clean grains. This will increase capacity from 25,000 to 85,000 tonnes. And the construction of 2.13 hectares of paved areas and significant improvements at the access gate for general cargo will also be carried out.

When the terminal reaches an annual 1.1 million teus, stage 3B will begin with an investment of $328 million. APM Terminals Callao will however seek to invest approximately $500 million, thus exceeding its contractual obligation in the addendum by 50%.

Stage 3B will benefit both general and containerised cargo customers, through addition of a new 440m fully equipped container berth and dredging works that will facilitate container vessels up to 400 metres long with a draught of 16 metres.

The acquisition of four Ship-to-Shore Super Post Panamax gantry cranes, 12 electric rubber tyred gantry cranes (eRTG) and 33 terminal trucks will increase capacity at the port to handle more than 2.8 million teus– more than doubling existing capacity.

Similarly, existing piers one and two will be demolished and rebuilt using more modern designs, with a berthing capacity of 220m. Seven hectares of paved yard will be constructed for container and general cargo yards.

"We are happy and proud to start the next stages of the modernisation project - a total commitment of $ 1,200 million in the most important public port in the country,” said Lars Vang Christensen, CEO of APM Terminals Callao. 

“For more than 12 years, APM Terminals Callao has embraced the challenge of leading the significant transformation and development of the port of Callao, lifting the standard of connectivity between Peru and global trade.”

“Furthermore, being recognized as part of Peru's critical infrastructure, we currently serve more than 70% of Peru's general cargo and 40% of its containerised cargo,” he added.

TAGS: Americas