Chancay Port Set to Become Major South America-Asia Shipping Hub

Chancay Port Set to Become Major South America-Asia Shipping Hub

Peru’s Chancay Port, envisioned as a key trade link between South America and Asia, is set to begin shipping two container vessels per week by the end of November, according to Carlos Tejada, general manager of Cosco Shipping Chancay Peru, a subsidiary of Hong Kong-based Cosco Shipping.

The port will initially provide a direct route to Shanghai, with potential expansion to other Asian destinations based on demand.

Tejada explained that a soft launch phase called “test conditioning” will run until May 2025, allowing the port to handle actual cargo during this period.

Chancay will also facilitate cabotage routes, with smaller vessels from Colombia, Ecuador, and Chile bringing cargo to be shipped to Asia.

Initially, ships will carry up to 14,000 containers, with plans to increase capacity to 24,000 containers in the future.

Cosco Shipping Ports holds a 60% stake in the port’s operation, with the remaining 40% owned by Peruvian mining company Volcan, a subsidiary of Glencore.