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APM Terminals Callao gets green light for development works

APM Terminals Callao has received approvals from the Peruvian authorities for improvement and development of the Multipurpose North Terminal.

Michele Labrut, Americas Correspondent

November 17, 2023

1 Min Read
APM Terminals Callao berths
Photo: APM Terminals

The terminal operator received environmental authorisation from Peru’s General Directorate of Environmental Affairs (DGAAM) of the Ministry of Transport and Communications (MTC)

APM Terminals Callao, together with the approval of the technical file by the National Port Authority (APN), can now proceed with the redesign of the northern terminal.

Works will include the construction of a battery of vertical silos for free-flowing clean grains with a capacity of 60,000 tonnes, two continuous grain unloaders, 2.13 hectares of paving and significant improvements to the access gate for general cargo. 

"APM Terminals Callao and our shareholders have received with satisfaction approval, from the Ministry of Transport and Communications, of the environmental approach necessary for the execution of this great port investment. This will enable us to close infrastructure gaps in the country," said Lars Vang Christensen, CEO of APM Terminals Callao.

Although it is contractually foreseen that the investments corresponding to these works will amount to $69 million, APM Terminals Callao and its shareholders will increase the amount to $95 million at this stage, the company said.

 

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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