Four port operators have pre-qualified for Request for Qualifications to design, develop, finance, construct, operate and maintain Panama’s Corozal Container Terminal.

Big names in the running for Corozal. Credit: Panama Canal Authority

Big names were in the running for Corozal. Credit: Panama Canal Authority

The four pre-qualified companies are APM Terminals, Terminal Link, PSA International and Terminal Investment Limited.

“The result of this process demonstrates the potential of Corozal Port and especially the confidence of the leading port operators in the world,” said Panama Canal administrator Jorge L. Quijano.

“The new Corozal Port is among the most advanced synergistic business initiatives, providing new products and services to customers in the maritime industry. The new port is certain to enhance Panama Canal’s offering and revenue base.”

By March 11, 2016, the RFQ closing date, the Panama Canal Authority had received documentation from seven companies interested in Corozal Container Terminal.

Mitsui O.S.K Lines, Manzanillo International Terminal – Panama SA and Ports America Terminal Holdings II also applied.