APM Terminals opens Costa Rica port

APM Terminals opens Costa Rica port

The inauguration of the delayed APM Terminals Moín yesterday will enable products to be shipped on transatlantic routes to European and Asian markets without transhipment, the port operator stated in a release.

“Without any doubt, we are inaugurating today a new era in international and intra-regional trade in Central America,” said Morten Engelstoft, CEO of APM Terminals, at the inauguration ceremony yesterday attended by the president of the Central American nation.

The $1bn new port is built on a 40 ha artificial island. The terminal has a 650 m long pier and a container yard with the capacity to hold 26,000 teu, including power connection capacity for 3,800 reefers. Refrigeration is essential as Costa Rica is currently the world’s largest exporter of pineapples and third largest exporter of bananas.

“One of the goals of the Costa Rican government is the job creation with a territoriality approach and, with this project that we are inaugurating today, the conditions of competitiveness and economic reactivation are being created for the province of Limón and also for the entire country, ” said Carlos Alvarado Quesada, Costa Rica’s president.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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