DP World has finished the $400 million Callao Port expansion project.
DP World has completed a significant $400 million expansion project at the Port of Callao in Peru. This has increased the container handling capacity at the South Terminal by 80 percent, cementing Callao's position as the main gateway for global trade on the west coast of South America.
The Bicentennial Pier expansion project has lengthened the pier from 650 meters to 1,050 meters, making Callao one of the few ports in South America capable of handling three vessels (or two mega-vessels) simultaneously.
With the completion of the project, the handling capacity has increased from 1.5 million TEUs (twenty-foot equivalent units) per year to 2.7 million TEUs. Additionally, the container yard space has been expanded to a total of 40 hectares.
This project is a crucial part of DP World’s plans for Latin America. Due to 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.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, stated, "The Bicentennial Pier project is a milestone for us in Peru. Our $400 million investment demonstrates our unwavering commitment to supporting the region’s economic growth and solidifying Callao's position as a premier logistics hub, setting a new standard for sustainable port operations in South America. We are proud to contribute to a greener future for Peru and global trade."
Carlos Merino, CEO of DP World in Peru and Ecuador, commented, “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 percent of the country’s containerized cargo, with 60 percent of that cargo moving through the South Terminal. This expansion significantly enhances our capacity and operational efficiency. When combined with other DP World ports in the region, it solidifies our commitment to enhancing the connectivity and economic vitality of Peru and the entire region.”
The expansion project not only includes pier extension and container handling improvements but also incorporates state-of-the-art electric-powered equipment, such as 15 electric cranes and 20 electric ITVs (internal transport vehicles). This makes it the first port terminal in the world to acquire such a large fleet of electric equipment.
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.”
Furthermore, 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 tonnes per year and promoting a sustainable energy transition in the Peruvian market.DP World has completed a significant $400 million expansion project at the Port of Callao in Peru. This has increased the container handling capacity at the South Terminal by 80 percent, cementing Callao's position as the main gateway for global trade on the west coast of South America.
The Bicentennial Pier expansion project has lengthened the pier from 650 meters to 1,050 meters, making Callao one of the few ports in South America capable of handling three vessels (or two mega-vessels) simultaneously.
With the completion of the project, the handling capacity has increased from 1.5 million TEUs (twenty-foot equivalent units) per year to 2.7 million TEUs. Additionally, the container yard space has been expanded to a total of 40 hectares.
This project is a crucial part of DP World’s plans for Latin America. Due to 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.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, stated, "The Bicentennial Pier project is a milestone for us in Peru. Our $400 million investment demonstrates our unwavering commitment to supporting the region’s economic growth and solidifying Callao's position as a premier logistics hub, setting a new standard for sustainable port operations in South America. We are proud to contribute to a greener future for Peru and global trade."
Carlos Merino, CEO of DP World in Peru and Ecuador, commented, “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 percent of the country’s containerized cargo, with 60 percent of that cargo moving through the South Terminal. This expansion significantly enhances our capacity and operational efficiency. When combined with other DP World ports in the region, it solidifies our commitment to enhancing the connectivity and economic vitality of Peru and the entire region.”
The expansion project not only includes pier extension and container handling improvements but also incorporates state-of-the-art electric-powered equipment, such as 15 electric cranes and 20 electric ITVs (internal transport vehicles). This makes it the first port terminal in the world to acquire such a large fleet of electric equipment.
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.”
Furthermore, 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 tonnes per year and promoting a sustainable energy transition in the Peruvian market.