COSCO SHIPPING Ports has acquired 12.5% and 30% stakes in Thai Laemchabang Terminal and Hutchison Laemchabang Terminal for US$ 110m.

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.

Drewry’s latest report predicts PSA will surpass COSCO Shipping in terminal capacity by 2028, reshaping the top of the global container terminal rankings.

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.

COSCO says six new routes boosted the volume in 2024, supported by the first autonomous trucking system in the Middle East, established last year.

Chancay Port, a US$ 3.5b mega project, aims to become South America’s main Asia trade hub. It will handle 18,000+ TEU ULCVs, have automated operations, and an adjacent economic zone.

COSCO SHIPPING Ports has acquired 12.5% and 30% stakes in Thai Laemchabang Terminal and Hutchison Laemchabang Terminal for US$ 110m.

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.

Drewry’s latest report predicts PSA will surpass COSCO Shipping in terminal capacity by 2028, reshaping the top of the global container terminal rankings.

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.