The A.P. Møller – Maersk owned port operator APM Terminals will invest 550 million dollars in the expansion of Peru’s port Callao starting in January, says Fernando Fauche, commercial director of the company’s Peruvian unit, according to Reuters.
The two-year long project aims to increase the terminal’s capacity to 24,000 containers, Fauche told journalists Wednesday during an event that marked the start of direct calls from Asia to the facility on Peru’s central coast.
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