APM Terminals invests $25 million in Peruvian terminal infrastructure

APM Terminals Callao, operator of the largest multipurpose terminal

(ERTGs).

This $25 million investment is expected to accelerate and enhance container

operations at the terminal.

The terminal now operates five Super Post Panamax cranes, two Panamax

cranes and 15 ERTGs.

APM Terminals Callao also has plans to add two free-flow grain loaders and

build a grain handling system with 12 silos and a capacity of 60,000 tonnes.

There are plans to acquire three additional ship-to-shore cranes, nine

ERTGs and 24 additional terminal tractors, as well as general cargo

equipment.

In the final stage of the expansion, the terminal will incorporate an

additional four ship-to-shore cranes, 12 ERTGs and 24 terminal tractors.

In May 2011, APM Terminals Callao signed a 30-year concession contract with

the Peruvian State to be the operator of the Multipurpose North Terminal of the

Port of Callao.

This was followed in November 2022, by an addendum to the concession

contract, committing to an investment of more than $1.2 billion. To date, more

than $500 million has already been invested, according to APM Terminals.

With container volumes continuing to increase, Javier Vidal, Head of

Operations at APM Terminals Callao, said that the new equipment is prospected to

further enhance the terminal’s handling operations.

“In future stages of our concession master plan we have planned an increase

in our fleet of terminal equipment and infrastructure to adequately meet the

future demand of Peruvian foreign trade,” Vidal said.

This investment comes more than two months after APM Terminals and the

Municipality of Itajaí, Brazil, signed a Transitory Lease Agreement for the Port

of Itajaí.