Four Port Operators Pre-Qualified for Corozal Port

Business & Finance

Four port operators were pre-qualified during the Request for Qualifications (RFQ) for companies interested in competing to design, develop, finance, construct, operate and maintain the Corozal Container Terminal.

The four pre-qualified companies were: APM Terminals B.V. (the Netherlands); Terminal Link (France); PSA International Pte., Ltd (Singapore) and Terminal Investment Limited, S.A. (the Netherlands).

“The result of this process demonstrates the potential of Corozal Port and especially the confidence of the leading port operators in the world,” Panama Canal Administrator Jorge L. Quijano said.

“The new Corozal Port is among the most advanced synergistic business initiatives, providing new products and services to customers in the maritime industry. The new port is certain to enhance the Canal’s offering and revenue base.”

By March 11, 2016, the RFQ closing date, the Panama Canal Authority (ACP) had received documentation from seven companies interested in the pre-qualification for Corozal Container Terminal.

In addition to pre-qualified companies, Mitsui O.S.K. Lines (Japan), Manzanillo International Terminal – Panama, S.A. (Panama), and Ports America Terminal Holdings II, Inc. (USA) also participated in the process.

The Corozal Container Terminal will be located at the Pacific entrance of the Panama Canal, and is intended to be a common user container transshipment terminal which will distribute cargo to the region, including the West Coast of South America, Central America and the Caribbean.

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