US$25mln pays off in cleaner, faster handling at APM Terminals Callao

APM Terminals Callao, operator of the largest multipurpose terminal in Peru, has been given a further boost with a new electric Panamax Ship-to-Shore crane and three eRTG cranes. The US$25 million investment will speed up container operations at the terminal – which account for around half of its total cargo throughput.

The terminal now operates five Super Post Panamax cranes, two Panamax cranes and 15 eRTGs. With container volumes continuing to increase, Javier Vidal, Head of Operations at APM Terminals Callao says there’s more to come. “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,” he says.

Total investment of US$1.2 billion

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 US$1.2 billion. To date, more than US$500 million has already been invested.

Decarbonisation goals

APM Terminals Callao is only investing in electric Ship-to-Shore cranes and RTGs. Investment in electric equipment wherever possible and a move towards electricity from renewable sources will support APM Terminals’ industry-leading global commitment to reduce absolute (total) greenhouse gas emissions by 70% in the period 2020-2030 and achieve net zero emissions by 2040. This is the most ambitious target set by any terminal operator to date.

Ongoing Investment

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 tons. Further, 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.

APM Terminals Callao's multipurpose north terminal plays a central role in Peru's economic growth: it is essential for the well-being and economic, technological, and social prosperity of the country, including the provision of direct and indirect employment.