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Johan Klok

DP World is expanding its port in Posorja

The Posorja Deepwater Port, operated by DP World, is expanding its capacity to handle more containers. With an investment of $170 million, the project is divided into two phases: the first will add 232 meters to the dock, bringing it to 700 meters, and the second will add another 100 meters. This will allow the port to handle two post-Panamax ships simultaneously and move up to 1.5 million containers per year.

Currently, the port is already operating above its capacity, having handled over 955,000 containers in 2023. This growth is partly due to Maersk, one of the world's largest shipping companies, relocating its operations from Guayaquil to Posorja in 2024. The Minister of Transport, Roberto Luque, emphasized that the demand has led DP World to accelerate its expansion plan.

Carlos Merino, CEO of DP World, explained that ports on the west coast of the Americas have struggled to meet the demand from shipping companies. The expansion will not only improve the port's efficiency but also boost Ecuador's competitiveness in the region. Additionally, DP World is developing a 120-hectare free trade zone near the port, which will further strengthen logistics and trade in the area.

The project, which will be completed by 2026, is part of a 50-year concession, after which the infrastructure will be handed over to the state. With these advancements, Posorja is solidifying its position as Ecuador's most important port, ready to tackle the challenges of global trade.

Source: Primicias.