The World’s Largest Shipping Line to Call at South America’s Most Modern Container Terminal

DP World Callao, the concessionaire for the new container terminal “Muelle Sur” in Callao, Peru, and Maersk Line, the world’s largest container shipping line, announced today the signing of a Terminal Services Agreement to be effective upon completion of the terminal’s construction scheduled between April and May 2010.

“The new terminal will finally provide Peruvian exporters and importers with the opportunity to reduce costs by accessing an improved shipping network as well as improved land side logistics”, said Maciek Kwiatkowski, General Manager of DP World Callao.

In turn, Michael Kaasner Kristiansen, Maersk Line’s Head of Operations for Latin America said “Maersk Line is expecting an improved end-to-end cost for our clients, coupled with berth windows and higher productivity to deliver unmatched schedule reliability in the Peruvian market. We are excited at the prospect of being able to further develop the already strong relationship with Maersk Line's many loyal customers in Peru".

Maersk Line operates a fleet of approximately 450 vessels and a number of containers corresponding to more than 1,900,000 TEU, ensuring reliable and comprehensive worldwide coverage.

DP World Callao’s “Muelle Sur” is the first investment in Peru by DP World, one of the top four global port operators. A green field project, it involves the construction of a 21.5 hectare state-of-the-art facility including 650 meters of quay with 16m depth of water alongside, equipped with six super post Panamax gantry cranes, 18 RTGs plus auxiliary equipment as well as the latest generation information technology, to ensure optimal productivity.

The terminal will add about 850,000 TEU of annual container handling capacity to the port of Callao, the main gateway for imports and exports of the Peru’s rapidly expanding economy.

Source: Maersk Line