Peruvian Trade Set for Boost as DP World Completes $400M Callao Port Expansion
June 20 2024 - 2:00PM
Business Wire
Expansion of the South Terminal at the Port of
Callao increases container handling capacity by 80%, fostering
growth and enhancing Peru’s global trade connectivity.
DP World has completed a major $400 million expansion project at
the Port of Callao in Peru, boosting container handling capacity at
the South Terminal by 80% and solidifying Callao’s position as the
key gateway for global trade on the west coast of South
America.
The Bicentennial Pier expansion project extends the pier from
650 meters to 1,050 meters, making Callao one of the few ports in
South America capable of accommodating three vessels (or two
mega-vessels) simultaneously.
The project increases handling capacity from 1.5 million TEUs
(twenty-foot equivalent units) per year to 2.7 million TEUs, while
the container yard space has also been expanded to a total of 40
hectares.
The project is a key part of DP World’s ambitions for Latin
America, announced last month. Given its proximity to the capital,
Lima and complementing the growth of nearby Jorge Chávez Airport,
the development elevates the Port of Callao from an efficient port
to a premier logistics hub for the entire region.
Carlos Merino, CEO of DP World in Peru and Ecuador, said:
“The completion of the Bicentennial Pier expansion marks a
transformative moment for the Peruvian economy. The Port of Callao
is the economic heart of Peru, handling over 90% of the country’s
containerized cargo, with 60% of that cargo moving through the
South Terminal. This expansion significantly enhances our capacity
and operational efficiency. This development, in conjunction with
other DP World ports in the region, solidifies our commitment to
enhancing the connectivity and economic vitality of Peru and the
entire region.”
Along with the pier extension and container handling, the
project also adds state-of-the-art electric-powered equipment,
including 15 electric cranes and 20 electric ITVs (internal
transport vehicles). This makes it the first port terminal in the
world to acquire a fleet of this magnitude.
Merino added: “This expansion is not just about
increasing capacity; it's about setting a new standard for port
infrastructure in South America. By integrating state-of-the-art
electric-powered equipment and implementing sustainable practices,
we are leading the way towards a greener and more efficient future
for global trade.”
Additionally, the terminal now hosts the first electric charging
station for trucks in Latin America. The 2-megawatt station will
support DP World’s fleet of electric ITVs, reducing CO2 emissions
by more than 2,000 tons per year and promoting a sustainable energy
transition in the Peruvian market.
About DP World
Trade is the lifeblood of the global economy, creating
opportunities and improving the quality of life for people around
the world. DP World exists to make the world’s trade flow better,
changing what’s possible for the customers and communities we serve
globally.
With a dedicated, diverse and professional team of more than
111,000 employees from 159 nationalities, spanning 77 countries on
six continents, DP World is pushing trade further and faster
towards a seamless supply chain that’s fit for the future.
We’re rapidly transforming and integrating our businesses --
Ports and Terminals, Marine Services, Logistics and Technology –
and uniting our global infrastructure with local expertise to
create stronger, more efficient end-to-end supply chain solutions
that can change the way the world trades.
What's more, we're reshaping the future by investing in
innovation. From intelligent delivery systems to automated
warehouse stacking, we’re at the cutting edge of disruptive
technology, pushing the sector towards better ways to trade,
minimising disruptions from the factory floor to the customer’s
door.
WE MAKE TRADE FLOW TO CHANGE WHAT'S
POSSIBLE FOR EVERYONE.
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DP World Americas Media Contact: Melina Vissat, Head of
Communications M: (+1) 704-605-6159 E:
melina.vissat@dpworld.com