en.Wedoany.com Reported - APM Terminals Callao officially launched Phase 3B of the modernization project for the Northern Multi-Purpose Terminal at the Port of Callao, Peru, on June 26, 2026. This phase involves an investment of over $570 million and has a construction period of four years.
Phase 3B is implemented in two stages. The first stage includes the construction of Berth 5C, specifically designed for ultra-large container vessels, which will be equipped with three MalaccaMax-type quay cranes and auxiliary container handling equipment. Additionally, this stage will build a new general cargo entrance gate with 16 lanes, aimed at optimizing cargo flow efficiency. According to the company's announcement, the first stage is expected to take two years. Upon completion of the first stage, the second stage will commence immediately, focusing on expanding general cargo handling capacity by constructing three new berths, with an estimated duration of about two years. These works are part of the modernization process of the Northern Multi-Purpose Terminal, intended to develop port infrastructure and strengthen Peru's foreign trade.
APM Terminals is a leading global port operator, part of the A.P. Moller-Maersk Group. APM Terminals Callao operates the Northern Multi-Purpose Terminal at the Port of Callao, the largest port in Peru and on the Pacific coast of South America. Since its first commercial unloading on July 1, 2011, the company has been committed to supporting and enhancing international trade. The modernization of the Northern Terminal is part of a six-phase concession agreement between APM Terminals Callao and the Peruvian government, with a committed total investment of $1.2 billion. According to a report from the Ministry of Transport and Communications of Peru, as of April 2026, total investments in concession ports, including the Northern Multi-Purpose Terminal at Callao, have exceeded $2.376 billion.
Notably, the world's largest car carrier, "Glovis Leader," recently docked at the Northern Terminal of the Port of Callao, capable of carrying 10,800 standard vehicles. Stephany Bravo De Rueda, Commercial Manager for Bulk Cargo at APM Terminals Callao, stated that the launch of this Phase 3B project will further enhance terminal infrastructure to address new trends in international maritime shipping and boost Peru's foreign trade competitiveness.
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