Thursday, December 26, 2024
spot_img
HomeNewsCosta Rica awards APM Terminals concession

Costa Rica awards APM Terminals concession

“For APM Terminals it is an honor to receive this responsibility which the Government of Costa Rica has awarded to us today for the 33-year concession for the design, financing, construction, operation and maintenance of the new Moin Container Terminal (TCM) ? a historical work of considerable importance to the country. The next steps will include signing the concession agreement and commencement of the detailed engineering studies”, said Paul Gallie, Director of Business Development for APM Terminals Americas.

The project will generate approximately one thousand direct jobs during the construction phase and 450 jobs during the first phase of operation, coupled with new investments and indirect jobs in the area. “APM Terminals has the expertise in the management of terminals around the world with the financial strength to make the investment required for this work estimated at approximately USD1 billion,” added Gallie.

In the first phase and depending upon technical studies, the access channel and turning?basin will be dredged to 16m deep. A new 1.5km breakwater will be constructed, the container yard of with an area of 40 hectares will be created together with 600m of quay with 2 berths. Additional works including the administration building and a 12?lane gate will also be included. Equipment in the first phase will include 6 post?Panamax ship?to?shore gantry cranes, Eco?RTGs and other specialised equipment. This first phase will be completed in 2016 and will cost an estimated USD543 million. The terminal will undergo phased expansion in accordance with provisions of the concession agreement. Upon the completion of the final phase, the TCM will have an area of 80 hectares, with 1.5km of quay, 5 berths, a 2.2km breakwater and an access channel 18m deep.

The dredging will permit the entry of larger ships with greater container capacity, creating economies of scale. The construction of the breakwater will counteract weather conditions that prevent normal functioning at the port of Moin and enable the TCM to operate 365 days a year.

With more berth space, the creation of a modern container storage yard, the installation of new gantry cranes and Eco?RTGs will improve waiting times for vessels and thereby reduce the cost of the logistics chain for shippers. APM Terminals operates under the most stringent occupational safety standards. A commitment to environmental protection will enable sustainable development.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular