Costa Rican Courts Confirm Concession
PORTS: The Costa Rican courts has ruled in favor of APM Terminals in two lawsuits, brought against the company and the government, which were intended to block the awarded concession for the new Moin Container Terminal.
“Today’s favorable decision from the Second Circuit Court in San Jose affirms the transparency and legality of the concession process. It further demonstrates the experience and professionalism of APM Terminals in competing for and winning the 33-year concession to design, finance, construct, operate and maintain the TCM”, says Capt. Paul Gallie, Managing Director, APM Terminals Moin, S.A.
“The implementation of the TCM project is currently on track and during this transition period APM Terminals will perform the required detailed environmental and engineering studies in order to produce the final design and gain the statutory licences and permits. These will be submitted for Government approval, prior to construction start in 2013”, Gallie says.
The first phase of the TCM project consists of a 40 hectares island 500 meters off the Caribbean coast, 600 meters of quay, two berths, a 1500 meter long breakwater, 16 meter deep channel and six super-post Panamax container gantry-cranes.
The installation will be of world class with carbon neutral energy sources, electronic security and container safety scanning technology. This will be complemented with safe and modern industry processes and trained personnel.
At completion the TCM will consist of an 80 hectares island with 1,500 meters of quay, 5 berths, 2.2 kilometer breakwater, 18 meter deep access channel and 9 super-post Panamax ship-to-shore gantry cranes.
Source: APM Terminals
