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DP World Callao in Peru gets approval for $333.6m expansionDP World Callao in Peru gets approval for $333.6m expansion

Peru’s National Port Authority (APN) has approved the technical works files of Phase 2 and additional investments of the New Container Terminal of the Callao Port Terminal - South Zone, operated by DP World Callao.

Michele Labrut, Americas Correspondent

March 18, 2021

1 Min Read
Pete Linforth - Pixabay
Photo: Pete Linforth - Pixabay

DP World Callao’s will invest $333.6m in the expansion which includes the expansion of the current pier to 960m from 650m, the expansion of the storage area to 30.3 hectares and the installation of two new quay gantry cranes.

"With these works, the South Pier and DP World Callao continue working for a much more competitive terminal with world standards, in order to boost foreign trade and contribute to the dynamisation of Peru’s economy,” said Edgar Patiño Garrido, Chairman of the National Port Authority Board of Directors.

With this investment, Callao South Pier Terminal will have the capacity to simultaneously handle up to three neo-panamax vessels, which are more than 300m-long and have a capacity to move around 14,000 teu.

Works are expected to begin by early 2022.

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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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