APMT wins 33-year deal to build, run US$1 billion Costa Rica terminal

THE government of Costa Rica has awarded APM Terminals, a member of the AP Moller-Maersk group, a 33-year concession to design, finance, build and operate the new Moin Container Terminal (TCM).


"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 US$1 billion," said Paul Gallie, APM Terminals director of business development for the Americas, in a statement released by the company.


The first phase of the project is expected to be completed in 2016 at an estimated cost of $543 million. It will feature 600 metres of quay and two berths, a container yard with an area of 40 hectares, an administration building and a 12-lane gate.


The terminal will be equipped with six postpanamax quay cranes, RTGs and other specialised equipment. The access channel and turning-basin is to be dredged to 16 metres.


The company said that upon the completion, the full terminal will cover 80 hectares and have 1,500-metre quay, five berths, a 2.2 kilometre breakwater and an 18-metre channel depth.


It did not reveal details about the container handling capacity of the terminal, except to say the facility "will undergo phased expansion in accordance with provisions of the concession agreement."
(Source:http://www.schednet.com)