APMT will provide around $3m to help with the development of the Port of Callao. The modernisation of the commercial fishing terminal will concentrate on the accommodation of local fishing fleets due to concerns about possible displacement with the ongoing construction of an expanded cargo facility at the port.

Henrik Kristensen, managing director, APM Terminals Callao, said: “This is a historic agreement that enables the expansion of the multi-purpose North Terminal of Callao and provides a new and modernised fishing terminal in support of Callao’s fishing industry, and the creation of new jobs in the port community."

The agreement which was signed on August 20, will improve anchorage for the Callao fishing fleet – approximately 400 vessels – and will improve the fishing dock with the installation of new lifting equipment, weighing scales, freshwater tanks, sewage pumps and sanity amenities.

The investment will also allow the fleet to be located outside the breakwaters with new anchoring buoys and pontoons. This will reduce the number of vessels inside the port and improve overall safety, website Portstrategy.com reported.

Also part of the agreement, the Peruvian Navy is to provide an anchorage area for some fishing vessels and will help to increase security patrols inside the port limits.

(END) INT/EEP