San Antonio wins approval for $4.45bn port expansion amid Chancay rivalry

Credit: Puerto San Antonio

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Chile clears key permit

Chile has approved the long-awaited Puerto Exterior expansion at the Port of San Antonio, clearing a major regulatory hurdle for a $4.45 billion project aimed at reshaping container capacity on South America’s Pacific coast.

The Valparaíso regional environmental commission reviewed the Outer Port of San Antonio environmental impact study on May 26, 2026, according to Chile’s Environmental Assessment Service.

The approval follows a six-year review process that included public participation, technical amendments, and indigenous consultation.

Capacity set to triple

The project will add a nearly 4 km breakwater, dredging works, yard areas, and two semi-automated terminals, each around 1,730 m long.

Chile approves #PuertoExterior at #PortofSanAntonio, advancing a $4.45bn expansion to lift capacity to 6m teu as #Chancay reshapes Pacific trade competition. #ChilePorts #ContainerShipping #Logistics #COSCO #MaritimeNews

Once fully built, Puerto Exterior is expected to handle 6 million TEU a year and accommodate up to eight 400 m container ships at the same time.

The first phase is planned for around 2036, with 865 m of quay and an annual capacity of 1.5m teu.

Regional competition sharpens

San Antonio already handled more than 2m TEU in 2025, becoming the first Chilean port to reach that mark.

The approval comes as Peru’s China-backed Chancay port increases pressure on Pacific coast gateways competing for Asia trade. Reuters reported that China’s Xi Jinping inaugurated the deepwater port in November 2024 as part of Beijing’s South America trade push.

For carriers, shippers, and terminal operators, the question is simple: where will the next generation of Pacific services call when vessel sizes, automation, and inland links decide the route map?

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