DP World, a leading global player in supply chain solutions, is pouring substantial investments into its port facilities in Peru and Ecuador. The aim is to ramp up capacity and streamline operations, aligning with its overarching strategy for Latin America and opening up fresh trade avenues for its clientele. These investments are particularly timely against the backdrop of a progressively intricate global supply chain milieu, where stakeholders are actively seeking ways to mitigate risks and fortify resilience.
Positioned along the West Coast of South America, Peru and Ecuador hold pivotal positions in DP World’s global roadmap, acting as crucial gateways to international commerce.
Carlos Merino, CEO of DP World in Peru and Ecuador, emphasized the company’s commitment to crafting robust and efficient logistics solutions. He underscored the strategic importance of Peru and Ecuador due to their dependable links to major global markets. The substantial investment earmarked for port infrastructure and cutting-edge equipment underscores DP World’s dedication to bolstering capacity, operational efficiency, and economic contributions in this critical region.
The company is gearing up to mark two significant milestones in the coming months: the completion of the Bicentennial Pier expansion project at its operations in the Port of Callao in Peru and the commencement of a berth expansion project at the Port of Posorja in Ecuador.
In Peru, the Bicentennial Pier expansion at DP World Callao will usher in an 80% increase in terminal capacity, positioning it as a premier logistics hub on South America’s west coast. With a price tag of $400 million, the project extends the pier to 1,050 meters, enabling it to host up to three vessels concurrently and boosting its annual capacity to 2.7 million TEUs (20-foot containers). The expansion also incorporates state-of-the-art electric-powered equipment and Latin America’s inaugural electric charging station for trucks, championing sustainable logistics solutions.
DP World Callao presently manages 60% of the country’s containerized cargo, solidifying its status as Peru’s economic nerve center. Additionally, DP World operates the Port of Paita in northern Peru, further enhancing the nation’s connectivity with global markets.
In Ecuador, DP World is gearing up to expand its berth at the Port of Posorja to bolster capacity and operational efficiency. This move comes on the heels of the port receiving three vital service routes from Maersk earlier this year, bolstering its strategic role in linking Latin America with global markets. The $140 million expansion will elongate the port to 700 meters of berth space and integrate cutting-edge port equipment to ensure Posorja’s competitiveness, security, and sustainability as a public terminal.
DP World also operates a Special Economic Zone adjacent to the port of Posorja, amplifying the nation’s trade capabilities.
Merino stressed that DP World’s investments in Latin America encompass private capital infusion, job creation, and social and environmental initiatives. These investments are in sync with global market trends, where clients demand efficient, safe, and sustainable ports and logistics solutions.
The company’s investment horizon extends to Chile, where DP World San Antonio is embarking on a pilot project to trial the MoorMaster NxG, an innovative mooring system featuring automated vacuum pads that can dock and release vessels within seconds. DP World San Antonio will be the pioneer terminal in the Americas to deploy this technology.
These strategic investments epitomize DP World’s commitment to elevating Latin America’s stature in global trade, bolstering regional connectivity, and fostering sustainable economic growth.
