A consortium of Van Oord and BAM International completed the construction of the APM Terminals Moín in 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 USD 1 billion and is built on a 40-hectare artificial island. The terminal has a 650-meter 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.
‘One of the goals of the Costa Rican Government is the job creation with a territoriality approach and, with this project, 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, President of the Republic of Costa Rica.
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. ‘We are proud that the country has trusted APM Terminals with the mission of developing and operating this amazing port. A concession that also brings socioeconomic opportunities to the community, the country and the region’, said Kenneth Waugh, Managing Director of APM Terminals Moín.