The modernization of the container terminal Moin in Limón/Moin Port has been approved by Costa Rica's Supreme Court, and the process - to be headed by APM Terminals - can now begin, says Maersk's port and terminal business in a press release.
In an appeal to the Supreme Court, unions representing the port workers had tried to stop a 33-year agreement in which APM Terminals will build and operate the Moin container terminal - an agreement that was signed back in 2011 between APM Terminals and the government of Costa Rica, worth around USD 1 billion. Peter Gallie, managing director of APM Terminals in Central America, says the following about the final decision:
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