Opening of Megapuerto in Moín Postponed Until 2019

The opening of the container terminal that is being built by APM Terminals in Limón will occur in February 2019, and not in January 2018, as originally planned.

Wednesday, July 5, 2017

Just weeks after APM Terminals authorities announced that the work was to be delayed until mid-2018, they have now announced that the problems that arose during the construction process are even bigger, and will result in a delay of more than one year from the date initially agreed.
 
Kenneth Waugh, manager of APM Terminals Costa Rica, told Nacion.com that "... the delay will cost between $50 and $60 million, which must be borne by the concessionaire. That amount includes construction costs, losses due to the terminal not operating and fines. 'We needed that time to rearrange the tasks, we had to make some decisions that had an impact on a work as complex as this and affected the different sequences and processes on the critical delivery path that is preventing us from meeting the established delivery date.'"
 
"... He also pointed out that the quality of the megaport, valued at $1 billion, can not be sacrificed, and that is why they are taking the time to complete the project.
"We are not going to cut corners to speed delivery dates", said the manager. He added that the new schedule guarantees the opening of the port in February 2019 and that none of the additional costs will impact future users of the work.
 

More on this topic

Opening of Moin Mega Port Delayed

June 2017

Due to several constructive defects, the Dutch company APM Terminals anticipates that the opening of the container terminal will take place in June 2018 and not in January, as originally planned.

According to authorities of the concessionaire, among the inconveniences that have occurred in the process of constructing the port terminal are poor compaction of the surface of the 40 hectare artificial island, and damages in 20 meters of the breakwater, among other things. APM Terminals estimates that the work will be completed in June 2018, and not on January 18, as indicated in the contract. 

The Economic Impact of A New Port

September 2015

The construction of the new container terminal in Moin has rekindled business hotels, corporate machinery, transportation and others, in an area deprived of ​​development factors.

Renting working machinery, hiring companies for events and renting hotel rooms are just some of the new business deals being generated in Limon, since construction of mega-port project at Moin started.

Deadline Extendeded for Port in Moin

July 2014

APM Terminals will have until October to comply with the requirements and outstanding permits to begin construction of the container port in the Costa Rican Caribbean.

Through a consensus among the three parties (Japdeva, National Concessions Council and APM Terminals) it has been agreed to extend for a period of three months the suspension agreed last April.

Costs of Delayed Mega-Port project in Moin

January 2014

The delay in permits for a new container dock in the Caribbean side of Costa Rica could lead to increases in the cost of the project and in the rates.  

The final approval for the beggining of the construction of Mega Port by in Moin APM Terminals will be left for the next government, a delay which could cause an increase in the cost of the project and in the rates.

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