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Port of Chancay marks one year, boosting Peru-China trade
๐Ÿ‡ต๐Ÿ‡ช Peru /Economy & Trade

Port of Chancay marks one year, boosting Peru-China trade

From La Repรบblica · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • The Port of Chancay in Peru marks its first year of operations, solidifying its role as a major Latin American logistics hub.
  • The port has facilitated trade between Peru, China, and the Asia-Pacific region, moving over 500,000 TEUs and $3.6 billion in goods.
  • It employs advanced technologies like 5G and automation, positioning it as Latin America's most modern port.

Peru's Port of Chancay is celebrating its first year of commercial operations, establishing itself as a critical logistics center in Latin America. The terminal has significantly boosted trade between Peru, China, and the broader Asia-Pacific market.

During its inaugural year, the port has handled over 500,000 TEUs (twenty-foot equivalent units) and facilitated imports and exports valued at $3.6 billion. Chinese Ambassador to Peru, Song Yang, highlighted the port's success, noting it has opened three main shipping routes and four feeder routes connecting to major Chinese ports, as well as ports in Colombia, Ecuador, Chile, and Panama.

In just over a year, the Port has opened three main shipping routes and four feeder routes that reach major ports in China, as well as ports in Colombia, Ecuador, Chile, and Panama, and it is consolidating itself as an important logistics hub connecting Asia-Pacific and Latin America.

โ€” Song YangChinese Ambassador to Peru, speaking at the port's first anniversary event.

The port is lauded as Latin America's most modern, integrating advanced technologies such as 5G, automated gantry and yard cranes, automated container trucks, digital twins, and intelligent energy management systems. This high level of automation allows for 24-hour supervision and intelligent operational programming, enhancing efficiency and safety.

As the first major smart port in South America, Port of Chancay integrates intelligence and security concepts from the beginning of its planning. With 5G technology, automated gantry cranes and yard cranes, automated container trucks, digital twins, and intelligent energy management systems, 24-hour supervision, intelligent operation scheduling, and unmanned operation are possible, significantly improving operational efficiency, safety standards, and emergency response capabilities.

โ€” Song YangChinese Ambassador to Peru, describing the port's technological advancements.

Ambassador Song Yang emphasized that while operated by a Chinese company, Chancay is a Peruvian port under the supervision of Peruvian authorities. He assured that smart devices and joint control mechanisms ensure effective commercial security and prevent illicit activities, noting the absence of direct routes to the United States and Europe.

The port's development not only strengthens commercial ties but also generates significant tax revenue and promotes Peruvian agricultural exports, marking a key milestone in regional integration.

Chancay is a Peruvian port and always receives the supervision of the competent authorities of the Peruvian State.

โ€” Song YangChinese Ambassador to Peru, addressing concerns about foreign operation.
DistantNews Editorial

Originally published by La Repรบblica in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.