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| Company type | S.A. |
|---|---|
| Industry | Transportation Logistics |
| Predecessor | Chancay Port Terminals SA |
| Founded | 5 April 2011, Lima, Peru |
| Founders | Chancay Port SA Empresa Administradora de Puertos SAC |
| Headquarters | Chancay, Peru 11°35′35″S 77°16′37″W / 11.593°S 77.277°W |
Key people | Carlos Tejada Mera (CEO) |
| Owner |  China Cosco Shipping Ports (60%) Peru Volcan Mining Company (40%) |
| Website | coscochancay |
Cosco Shipping Ports Chancay Perú S.A. (before named Chancay Port Terminals SA) is a private company that owns and operates the Chancay Port Terminal, located about 75 km north of the city of Lima, in the region of the same name .
The company belongs 60% to the Chinese company Cosco Shipping Ports and 40% to the Peruvian company Volcan Compañía Minera S.A.A.[1]
History
editIn 2007, former Peruvian Navy Admiral Juan Ribaudo de la Torre conceived the construction of a substantial commercial port south of the historic Chancay Marina, leading to the establishment of the company Chancay Harbor (CHP), which would supply the necessary land for the project.[2] In 2011, Ribaudo and his business, in collaboration with Volcano Mining Peru, established the company Chancay Port Terminals SA (TPCH) to advance the port project.[3][4]
In 2019, Volcano Mining and COSCO Shipping announced the execution of a commercial partnership agreement to advance the project. The involvement of the Chinese enterprise facilitated the expansion of the project, with total expenditure anticipated to reach $3 billion.[5] Following COSCO Shipping Ports' capital infusion, the business acquired a 60% stake in the project, while Peru's Volcan Compañía Minera S.A.A. business's ownership diminished to 40%.[6][7] Also, the company was renamed from Chancay Port Terminals S.A. to Cosco Shipping Ports Chancay Perú S.A.[8]
On 14 November 2024 in a ceremony attended online by Chinese leader Xi Jinping and Peruvian president Dina Boluarte, subsequent to the issuance of the directive by the two chiefs of state, the company started operations in the port.[9]
References
edit- ^ Wei, Hang (2019-01-25). "China's COSCO Sails Into Peruvian Ports for South America Gateway". Caixin. Retrieved 2024-12-06.
- ^ Llosa, Rafael Belaunde (2023-08-06). "El megapuerto de Chancay: sueño y realidad". Perú 21 (in Spanish). Archived from the original on 2024-05-22. Retrieved 2024-11-18.
- ^ Perú, El Comercio; Perú, Redacción El Comercio (2016-05-25). "Puerto Chancay: Inicia construcción del puerto y área logística". El Comercio (in Spanish). NOTICIAS EL COMERCIO PERÚ. Archived from the original on 2024-05-22. Retrieved 2024-11-18.
- ^ "Volcan adquiere empresa Terminales Portuarios Chancay y busca socio". Asociacion Peruana de Agentes Maritimos (in Spanish). 2016-04-18. Archived from the original on 2024-07-19. Retrieved 2024-11-18.
- ^ "Volcán Compañía Minera S.A.A. y Cosco Shipping Ports Limited suscriben acuerdos societarios para desarrollar el Puerto de Chancay". Plataforma del Estado Peruano (in Spanish). Archived from the original on 2024-05-22. Retrieved 2024-11-18.
- ^ Simons, Saravia, Keir, Laura (2023-11-15). "With Peru port project, China gains a foothold in America's backyard". NBC News. Retrieved 2024-12-06.
{{cite news}}: CS1 maint: multiple names: authors list (link) - ^ Gestión, Redacción (2019-05-14). "Volcan y Cosco Shipping Ports firman acuerdo para construcción del puerto de Chancay" (in Spanish). NOTICIAS GESTIÓN. Retrieved 2024-11-18.
- ^ Ojo Público, Redacción (2024-09-08). "Megapuerto de Chancay: la historia detrás de la expansión del hub comercial en Perú" (in Spanish). ojopublico.com. Retrieved 2024-11-27.
- ^ Baptista, Eduardo (2024-11-15). "Starting Latin America trip, Xi Jinping opens huge port in Peru funded by China". Reuters. Retrieved 2024-12-06.
External links
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