Peru port concessions on the way

Peru’s Chancay Port is set to launch operations in November with a direct shipping route to Shanghai, aiming to become a key hub for trade between South America and Asia.

Since the start of the year, 780 vessels have called at Callao’s Multipurpose North Terminal, reflecting a 15% increase in vessel traffic.

ZPMC has delivered the final equipment needed to complete Phase I of the Chancay port project in Peru.

Peru has withdrawn its request to revoke Cosco’s exclusive rights for the Chancay project, easing tensions before a meeting between Boluarte and Xi.

A worker died in an accident during port construction in Chancay, Peru, prompting an investigation by Cosco Shipping Ports Chancay SA.

ZPMC’s automated cranes set sail for Chancay as COSCO defends its exclusive rights to operate the port.