The Panama Canal Authority (ACP) has actually released a Request For Proposals (RFP) to 4 pre-qualified port drivers chosen to contend for the giving in to style, create, financing, construct, run and also keep a 5 million TEU annually container incurable situated near Corozal, in the Pacific entry of the Panama Canal.

The ACP states the Corozal Container Terminal is an integral part of the Panama Canal Diversification Strategy by supplying added port capability on the Pacific side of Panama in order to sustain the transshipment requirements of the bigger vessels experiencing the Expanded Panama Canal.

Upon conclusion, the container terminal will certainly have the capability to deal with greater than 5 million TEUs at the Canal’s entry in the Pacific side. The two-phased task will certainly consist of the building of a 2,081-linear-meter-dock, a container lawn, workplaces and also storehouse centers within a 120-hectare location possessed by the Panama Canal.

Last year, the Panama Canal got passion from a number of global firms completing for the task, and also in April 2016, the ACP chose the 4 pre-qualified firms able to quote: APM Terminals B.V. (The Netherlands); PSA International Pte.,Ltd (Singapore), Terminal Link (France); and also Terminal Investment Limited, S.A. (The Netherlands).

The 4 port drivers have till February 3, 2017 to send the called for requirements and also financial propositions for the 20-year giving in.

Earlier this month the Panama Canal Authority claimed the increased Canal added greater than 5% of earnings throughout FY 2016, with 238 neopanamax ships completing 18.2 million bunches in the very first 3 months of procedures.