Costa Rica’s Supreme Court has ruled in favour of the Costa Rican government and APM Terminals in an appeal filed by the Costa Rica Port Workers Union against a 33-year concession contract for the new Moin Container Terminal (TCM) in Limon.
APM Terminals Central America managing director Paul Gallie said: “The Supreme Court’s decision approves the new Moin container terminal [and gives] life to the project which now only awaits… the final construction start order from the Government.”
Gallie added: “TCM will be a world class, modern, safe and efficient terminal operating under international standards and procedures, designed to boost Costa Rica international trade by taking full advantage of the economies of scale given by the new-Panamax vessels of up to 13,500 TEU.”
APM Terminals was contracted by the State and Port Authority of Costa Rica for the design, finance, construction, operation and maintenance of the new TCM.
The project will comprise 80ha with 1,500m of berths, nine ship-to-shore gantry cranes and 30 port cranes in addition to a 2.2-km breakwater, allowing 24/7, and all-year-round operations.
