Tuesday, July 22, 2008

Peru Builds on Trade Explosion

Over the past few months, we have seen an increase in shipments going to Peru through our facility. Many of these shipments have been Farm and Construction equipment. We thought the following might be of interest.

News Americas
Peru builds on trade explosion
Source: News Americas via World Trader 18 Jul 2008

Peru is undergoing a spate of new ports building as its trade with the rest of the world mushrooms.

Most recent is Neptunia, a logistics and warehousing company that is "very advanced" in building a new port north of Callao, said a company official.

"This new Port will be ready and operational during the first quarter of 2010 and will count with specialised mineral concentrates loading berth, liquids and grains discharging berth," he added.
This is on top of DP World who has already started construction of a terminal at Peru's main port Callao, 20 km from capital Lima.

The first phase of the project will see around $210m invested in two berths comprising 660m of quay line and 22 hectares of yard, capable of handling vessels of 5,500 teu.

It will be operational in the second half of 2009. Further development will be phased in, in line with demand, with total capacity projected to reach around 1.3m teu. DP World has a thirty year build and operate concession.

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