Following the official completion of the transaction on May 10, Port of Chancay became the company’s first greenfield subsidiary in South America and COSCO Shipping Ports plans to developing the port to an important gateway port in South America.
On January 23, 2019, COSCO Shipping Ports signed the subscription and investment agreement with Volcan Compañía Minera (Volcan) to acquire the 60% stake in Terminales Portuarios Chancay (Chancay Terminal).
