Headlines
APM Terminals to invest $550 million in Peru's Callao port
Published by Global Banking and Finance Review
Posted on November 19, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 19, 2025
2 min readLast updated: January 20, 2026
APM Terminals will invest $550 million to expand Callao port, enhancing capacity and trade routes with Asia, positioning it as a key Pacific hub.
By Marco Aquino
CALLAO, Peru (Reuters) -Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru unit, Fernando Fauche, said on Wednesday.
The two-year project aims to increase the terminal's capacity to 24,000 containers, Fauche told journalists during an event celebrating the launch of direct arrivals from Asia to the facility on Peru's central coast.
Peru's Callao port in November began offering new direct shipping routes from China and South Korea, cutting transit times to about 23 days, port officials confirmed on Wednesday. The service is designed to strengthen trade ties with Asia and position Callao as a key Pacific hub for Asian imports.
Initial shipments have included retail products from Chinese e-commerce platforms such as Temu, according to Fauche.
"Shipments are fully booked for the next six weeks. There's demand," he added.
APM and local port authorities described the nearby Chinese-built megaport of Chancay north of Lima as "complementary," though industry analysts warn that the two facilities could compete for Asian cargo as infrastructure investments accelerate along Peru's Pacific coast.
(Reporting by Marco Aquino in Callao, Peru. Writing by Brendan O'Boyle and Lucinda Elliott.)
APM Terminals is a Dutch port operator that specializes in managing and operating port facilities and terminals worldwide, focusing on enhancing global trade and logistics.
Callao port is the main seaport of Peru, located on the central coast, serving as a critical hub for international shipping and trade, particularly with Asia.
Container capacity refers to the maximum number of shipping containers a port or terminal can handle at any given time, crucial for managing trade volumes.
Direct shipping refers to the transportation of goods from one location to another without intermediate stops, enhancing efficiency and reducing transit times.
Infrastructure investment involves funding projects that build or improve essential facilities and systems, such as ports, roads, and utilities, to support economic growth.
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