The Port of Chancay has mobilized over 500,000 TEU and 2.4 million tons of cargo since beginning operations, according to data from operator Cosco Shipping. Chinese Ambassador to Peru Song Yang reported that the total value of imports and exports processed through the facility has reached US$ 3.6 mil millones, highlighting the project’s rapid integration into international trade routes.
Operational Growth and Cargo Movement
Activity at the port has seen a marked increase in the first five months of the year. Between January and May, vessel movement grew by 44% compared to the same period in the year prior. According to data provided by Cosco Shipping, this growth includes a 51% rise in container ship traffic, a 20% increase in bulk cargo, and a 100% surge in roll-on/roll-off vessel operations.
Jason Guillén, deputy general manager of Cosco Shipping Ports, stated that the transit time from Chancay to Shanghai is now 23 days. Primary imports currently consist of cement, bulk goods, and vehicles. Exports are dominated by fresh produce, with grapes, avocados, blueberries, and fish representing 50% of the outgoing cargo.
Future Development and Structural Challenges
While the port has reached its first stage of development, Cosco Shipping has not yet set a date for the commencement of the second phase. Company officials stated that future expansion remains dependent on market conditions and load volume. The long-term plan for the megaport includes a total of four development stages, eventually featuring 15 berths—11 for containers and 4 for multipurpose use.
Operational success is currently contingent upon the approval of the Plan of Development (PDU) for the city of Chancay. This plan, currently pending approval, is intended to organize urban, logistical, and commercial growth. According to Cosco Shipping, many investors are waiting for the finalization of the PDU before committing to further projects in the area.
Infrastructure and Investment Outlook
The future of the port is linked to broader national infrastructure goals, including improved land routes toward the Peruvian sierra and jungle via Sayán, Churín, and Oyón. Ambassador Song Yang expressed interest in Chinese participation in these regional connectivity projects, as well as the expansion of the Port of Callao and the development of the Ancón Industrial Park.
The Embassy of China in Peru noted that private investors are awaiting the implementation of legislative frameworks, specifically for Special Private Economic Zones (ZEEP). These frameworks and the creation of industrial parks are seen as necessary steps to support long-term investment in the region.
Frequently Asked Questions
What is the current capacity of the Port of Chancay?
The port has an installed capacity of 1 million TEU and 6 million tons, with the potential to scale depending on market demand.
What are the main products being moved through the port?
Imports include cement, bulk goods, and vehicles. Exports consist primarily of fish and fresh produce, including grapes, avocados, and blueberries.
Why is the Plan of Development (PDU) significant for the port?
The PDU is required to organize the urban and commercial growth of the city. According to Cosco Shipping, its approval is a prerequisite for many businesses waiting to invest in the area.
How do you believe the integration of the Ancón Industrial Park and the Port of Chancay will shift regional economic priorities in the coming years?
