APM Terminals will invest US$550 million in expanding the northern terminal of the Port of Callao, including a new L-shaped pier under stage 3B, expected to receive vessels of up to 25,000 containers by the first quarter of 2028. According to the company, total investments over the next four years will reach US$1.3 billion and will include modernization of general cargo operations.
Since October, APM Terminals and Mediterranean Shipping Company (MSC) have received three vessels of up to 16,000 containers from Asia as part of MSC’s new direct route between Callao and ports led by China. The service, branded Alpaca, deploys 14 vessels of up to 16,000 TEUs each under a “non-consortia” model. The companies stated that demand is already filled for the coming weeks.
The service establishes a 23-day direct link between Callao, Ningbo and Busan, reducing typical travel times by about 15 days.
APM Terminals is a global port operator within the A.P. Moller–Maersk Group. It manages container and multipurpose terminals under long-term concessions in multiple regions and operates as an independent business unit with its own commercial and investment decisions.
Mediterranean Shipping Company (MSC) Mediterranean Shipping Company is a privately held global shipping and logistics group headquartered in Switzerland. It oversees container shipping, terminal operations and related transport services through subsidiaries, including its shipping line and logistics units.
