Dubai-based DP World has set a record at its South Pier Terminal in Callao, Peru, handling 2m TEU in 2025 - the first time any terminal on the West Coast of South America has reached this volume, reports London's Lloyd's List.

The milestone represents a five per cent increase from 2024 and a 22 per cent rise compared with 2023. The launch of the US$400 million Bicentennial Pier in 2024 expanded capacity by 80 per cent to 2.7 million TEU.

DP World said the achievement reflects sustained investment, expanded capacity and operational efficiencies that strengthen Callao's role as a regional logistics hub. Vessel-handling capacity grew 89 per cent and productivity, measured in TEU per hour, rose 70 per cent in 2024.

Peruvian consultancy Apoyo estimated the terminal contributed more than $316 million to Peru's GDP in 2024. Cargo value through Callao reached US$23.6 billion, including $3.66 billion in agricultural exports, 40 per cent of the national total.

In 2025, DP World moved $438.3 million of avocado exports, around 60 per cent of Peru's shipments. By November, Callao handled 55.8 per cent of Peru's agricultural exports, with 35.2 per cent through DP World's terminal.

"Just a decade ago, two million TEU was the total volume handled by all ports in Peru. Today, a single terminal achieves this," said DP World Colombia, Ecuador and Peru chief executive Mr Carlos Merino.

DP World has invested about $8 billion in Latin America since 2010 and plans another $1.5 billion by 2028.