Mexico: Lazaro Cardenas open for businessNews // March 3, 2017
APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal,has welcomed its first vessel, the Maersk Salalah.
“Today is a milestone as we add an additional operational terminal to our portfolio. A priority for us is to transition terminals under implementation into operation, and make them as efficient as possible to support our customers.” said Morten Engelstoft, CEO of APM Terminals. “We have a significant portfolio across Latin America, and this will be our second terminal in Mexico after Yucatan. We are pleased to be a contributor in helping Mexico to reach its growth ambitions.”
APM Terminals Lazaro Cardenas has semi-automated processes that are geared toward delivering higher productivity and availability for clients as well as contributing to Mexican trade growth by offering a new gateway for commerce between the second-largest economy in Latin America and the rest of the world.
With the first phase of the terminal complete, APM Terminals Lazaro Cardenas occupies an area of 49 hectares, with a quay of 750m in length for ships and a depth of 16.5m, deep enough to receive some of the world’s largest ships. The terminal is connected to five rail tracks and offers gate services for land-side customers.
By the final phase of the terminal buildout, which is scheduled to happen between 2027 and 2030, the terminal’s water depth will increase to 18m. By then, the terminal will have a quay 1.5km long in a total area of 102 hectares and a capacity of 4.1 million TEUs, operated by 15 STS cranes and 10 rail tracks, providing intermodal access. By the final phase, the total investment cost will come to US$900 million.