DP World’s Port of Callao terminal has become the first port terminal on South America’s West Coast to handle more than 2 million TEUs in a single year.
The record volume represents a 22 per cent increase compared to 2023, the year prior to the commissioning of the Bicentennial Pier, highlighting the terminal’s ability to support growing trade volumes while improving service reliability for importers and exporters.
According to estimates by Apoyo Consultoría, a leading Peruvian economic research and advisory firm, DP World’s terminal on the South Pier contributed more than $316 million to Peru’s gross domestic product (GDP) and powered an estimated $23.6 billion in economic activity across Peru in 2024 alone.
The milestone was formally recognised during a commemorative event attended by senior government officials and industry leaders, who highlighted the role of private investment in strengthening Peru’s logistics ecosystem and supporting long-term economic development.
The record-setting performance was enabled by the Bicentennial Pier, a $400 million investment that increased the terminal’s operational capacity by 80 per cent.
The expansion reportedly allows the terminal to serve larger vessels, operate with greater efficiency, and reduce congestion, positioning the port to meet rising trade demand while enhancing service reliability.
Carlos Merino, CEO of DP World in Colombia, Ecuador, and Peru, said: “Just a decade ago, 2 million TEUs represented the total volume handled by all ports in Peru combined.
“Today, this volume is being reached by a single terminal, reflecting how strategic investment in modern port infrastructure can transform a country’s trade capacity and strengthen its position within global supply chains.”
Last month, DP World expanded its operations in Romania with the introduction of two new mobile harbour cranes and the completion of a 119,000 square metres multimodal terminal platform at Constanța South Container Terminal (CSCT).
