AP Moeller Maersk A/S' APM Terminals to Construct New Terminal in Costa Rica-Reuters

Friday, 11 Oct 2013 10:44am EDT 

Reuters reported that AP Moeller Maersk A/S' APM Terminals has on October 11, 2013 officially signed a contract with Van Oord-BAM International regarding the construction of a terminal in Costa Rica. The contract is worth USD 460 million. Van Oord-BAM has won the contract for the first phase of construction of the container terminal, which is expected to start in the first quarter of 2014. Costa Rican government granted APM Terminals a 33-year concession for design, finance, construction, operation and maintenance of the container terminal in March 2011. 

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