US$3 billion port upgrade raises Peruvian hopes of 2 million TEU by 2014

2012 04 07


PERU's National Port Authority predicts that cargo handled by its national ports will rise by 14-15 per cent annually for the next five years.

By 2014, it says national container throughput will rise to two million TEU, rising to 3.5 million TEU by 2018.

The forecast is based on the US$3 billion to be spent over the next five years on upgrading eight Peruvian ports reports the UK's Port Strategy. The ports include Paita, Salaverry, Chimbote, Callao, San Juan de Marcona, Ilo, Matarani and the river port of Iquitos.

Source Shipping Gazette - Daily Shipping News
 

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