APM Terminals Moín, a new container terminal in the Caribbean Sea just off the coast of Costa Rica, was inaugurated last week.
The terminal has a 650-meter long pier and a container yard with the capacity to hold 26,000 TEUs, including power connection capacity for 3,800 refrigerated containers.
The project represents a total investment of USD 1 billion and is built on a 40-hectare artificial island.
Consortium of Van Oord and BAM International made the construction of terminal in Costa Rica.
According to the terminal operator, the region will attract a very high percentage of the ships that transit through the Panama Canal.
The number of shipping routes that reach the APM Terminals Moín is projected to increase by as much as 285 percent.
“We are proud that the country has trusted APM Terminals with the mission of developing and operating this amazing port. A concession that also brings socioeconomic opportunities to the community, the country and the region,” Kenneth Waugh, Managing Director of APM Terminals Moin, commented.