APM Terminals awarded Peruvian port concession
Amid strikes over labor rights in Peru's Puerto Callao, international consortium APM Terminals has been awarded a concession for the port's northern terminal, reported Andina.com.pe.
The award came after a third tiebreaker of negotiations to decide which bidder would give the highest discount for specific services, with APM Terminals offering 100% in the end, the story reported.
The story reported bidder Terminal Internacional MultipropĆ³sito del Callo offered 85.5%.
The APM Terminals consortium consists of APM Terminal and Callao Port Holding from the Netherlands, as well as Central Portuaria from Peru.
Terminal Internacional MultipropĆ³sito consists of Hutchinson Port Investments from the Cayman Islands and Sinoinvest from Peru.
Related story: Strike 'paralyzes' Peruvian port
Photo: www.enapu.com.pe
Source: www.freshfruitportal.com