Cosco Shipping acquires 60% stake in Chancay Terminal in Peru
A total of $3bn will be invested to build a new gateway port in the country. Phase one of the project, expected to come online in 2022, consists of two multi-purpose berths and two container berths with a total annual designed capacity of 1m teu
Cosco Shipping plans to expand the zinc and silver port into a local gateway hub that can handle large containerships