APM Terminals has named Mexico as a key country in its Global Terminal Network focusing on strategic growth and infrastructure investment planning.
Container traffic at Mexican ports is growing at 15 per cent a year – more than double the rate of other Latin American countries and the country now has the third-largest container throughput in the region. In 2013, container traffic reached 4.87m TEUs, up from 4.21m TEUs in 2011. Mexico is also Latin America’s second biggest economy.
The main container port, Manzanillo, handled 2.1m TEUs last year, while Lázaro Cárdenas is second with 1.05m TEUs.
In 2012 the port operator signed a 32-year concession for the design, construction and operation of a US$900m deep-water terminal at the Port of Lázaro Cárdenas, the nation’s second largest container port. The first phase of the construction of ‘Terminal 2’ will include 750m of quay, five ship-to-shore cranes, 22 automatic stacking cranes and two railway cranes. The terminal is expected to become operational in the first half of 2016.
A key component of the project will be an intermodal transport corridor which will link the Lázaro Cárdenas marine terminal with APM Terminals’ own intermodal facility in Mexico City.