Peru's Chancay: China’s Megaport Gateway

14 Nov 2024 CW Team

Chancay, a port city in Peru, is set to become a key entry point for Chinese trade into South America, with China-backed investment transforming it into a major megaport. The project is part of China’s broader Belt and Road Initiative (BRI), which aims to enhance global infrastructure and trade connectivity. As one of the most strategically located ports along the Pacific coast, Chancay is expected to serve as a critical trade hub, linking China with key South American markets.

The development of Chancay port includes advanced infrastructure, including deep-water berths, modern cargo handling equipment, and road and rail connectivity, which will enable efficient logistics and faster movement of goods. Once completed, Chancay is expected to handle vast volumes of containerized cargo, boosting Peru's trade flow with Asia, especially China, while also benefiting the broader South American region.

Chancay’s emergence as a megaport will significantly enhance China’s presence in South America and is poised to reshape the regional shipping landscape. The port will be crucial in facilitating trade in key sectors like mining, agriculture, and energy, especially as it connects to the Pacific Ocean, opening up new routes for goods to reach the global markets.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..