New Plans for Puerto Caldera

Along with the possibility of investing $350 million in the construction of new facilities in the Puerto Caldera, in Costa Rica, comes the promise of more competitive maritime service rates.

Wednesday, November 27, 2019

The interest in developing the terminal expansion project has been expressed by SPC, the current concessionaire of the Costa Rican Pacific maritime terminal, and by DP World, the UAE state port company, companies that would invest in the construction of 800 meters of berthing area at a depth of 16 meters.

On the other hand, the authorities of the Instituto Costarricense de Puertos del Pacífico (Incop), explained that for the project to become a reality, the companies ask to be granted a concession for a period longer than 33 years.

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According to the master plan of the work, prepared by the design and engineering company Arcadis, for the construction of the 800 meters of mooring area is projected to invest $350 million, which is less than the $900 million spent by APM Terminals in the construction of 650 meters of Moin mooring area.

Juan Ramon Rivera, Incop's executive president, told that "... The big difference in the amount of the investment will also be reflected in the rate the terminal would charge for each container movement. They want it to be half of what APM Terminals charges per unit."

Ricardo Ospina, general manager of SPC, explained that "... If we manage to close the expansion of having a modern port with reasonable rates, we would be highly competitive because we would offer direct route to Asia, we would have the depth to bring the most modern ships, but all that at half the rate."

In order to define whether the SPC concession can be extended or whether there should be a public tender where DP World and other port firms can bid, the General Comptroller of the Republic must give its opinion.

This announcement is given in the framework of a disagreement of local businessmen, who claim that the rates that APM Terminals charges in Moin, are high.

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