APM steams ahead with Costa Rica terminal
More than two years after winning the concession for a deepwater facility in Costa Rica, APM Terminals has signed an agreement with the Dutch consortium of Van Oord and Bam International to start dredging works for the new $460m terminal.
However, the reclamation agreement relies on approval from the SETENA, Costa Rica’s environmental authority, of APMT’s Environmental and Social Impact Assessment report, which is expected at the beginning of 2014.
The 1.3m teu Moín Container Terminal (TCM) is Costa Rica’s largest infrastructure project. It will be built at the Puerto Limón/Moín complex, which handles 80% of Costa Rica’s maritime commerce.
The plan is to dredge the terminal to a depth of 18m to eventually accommodate 12,000 teu vessels transiting the widened Panama Canal upon its completion in 2015.
Discussing the choice of contractor, Tiemen Meester, vice president of business implementation, APMT, said: “Land reclamation is a success story in The Netherlands and Van Oord and BAM delivered the new Rotterdam Maasvlakte II port facility, on time and on budget, on reclaimed land in the North Sea.”
APMT was awarded the concession for the terminal by the Costa Rica government back in March 2011.