$1B Container Terminal for Costa Rica
Last week’s inauguration of the container terminal will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.
The project represents a total investment of $1 billion and is built on a 40-hectare artificial island. The terminal has a 650-m long quay wall and a container yard with the capacity to hold 26,000 TEUs (Twenty-foot Equivalent Units), including power connection capacity for 3,800 refrigerated containers. Refrigeration is essential as Costa Rica is currently the world’s largest exporter of pineapples and third largest exporter of bananas. The terminal has the most modern scanner in Latin America for cargo inspections.
The region will attract a very high percentage of the ships that transit through the Panama Canal. The number of shipping routes that reach the APM Terminals Moín is projected to increase by as much as 285 percent.