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COSTA RICA - APMT defers moín terminal opening

APM Terminals has put back until mid 2018 the opening of its Moín container terminal in Costa Rica.

The Terminal de Contenedores de Moín (TCM) was scheduled to open in January. APMT will pay financial penalties as a result of the delay.

The postponement is due to problems with defective piling. In addition, about 20 meters of the breakwater had been damaged and areas of poor soil compaction were discovered in the 40 hectare artificial island that forms the base of the new terminal.

The TCM facility is expected to have an annual handling capacity of around 2.5 million TEU by 2030.