APMT eyes stake in Callao
APM Terminals has put forward an investment plan for the development of the North Quay at the Peruvian Port of Callao.
Originally, DP World suggested a $1.3bn investment in the South Quay, whereas the new proposal would involve spending $1.9m on the North Quay.
This would create a terminal capable of handling 930,000 teu annually in an initial phase, rising to 2.3m teu by 2024.