Global port megaprojects, by capacity and completion year

Chancay in Peru, operated by COSCO Shipping Ports, has handled 502,646 TEU cumulatively since opening in November 2024, with first-half 2026 volume up 70.94% year on year and a 2026 projection of 400,000 to 450,000 TEU against a declared phase-one ceiling of one million TEU expected to be reached in the second half of 2027. COSCO Shipping Ports has invested $225 million. A Peruvian court has restored state oversight, reversing exclusive-operator status — a live regulatory overhang.

Tuas Port in Singapore, operated by PSA, reached 25 million TEU cumulative on 6 August 2026, with 14 berths operating now and 18 by 2027. Maritime and Port Authority land for phase two transferred in April 2026, with the first phase-two berth operational in 2028 and full build-out in the 2040s at 65 million TEU. Phase two changes the design to automated stacking cranes parallel to the quay rather than perpendicular.

Vadhavan Port in Palghar, Maharashtra, is budgeted at 76,220 crore rupees, roughly $8.6 billion, for 23 to 24 million TEU at full completion by 2035, with phase one at about 40,000 crore rupees before 2030 across four terminals. Works include 1,227 hectares of reclamation and a 10.14 kilometre breakwater, financed 30% equity and 70% debt, with JNPA holding 74%.

Vizhinjam in Kerala, operated by Adani Ports, has a phase-two investment of 16,000 crore rupees, roughly $1.8 billion.

Colombo West International Terminal in Sri Lanka, owned by Adani Ports at 51%, John Keells Holdings at 34% and the Sri Lanka Ports Authority, is an $840 million deepwater facility doubling capacity to 3.2 million containers, with the final phase completing in late 2026, three to four months ahead of the contractual deadline.

Tanger Med in Morocco handled 11,106,164 TEU in 2025, up 8.4%, driven by the APM Terminals-operated TC4 extension, with total cargo of 161 million tons, up 13.3%.

Nador West Med opens at the end of 2026, ahead of the original 2027 schedule, with phase-one capacity of 1.8 million TEU and later phases to about 5.5 million TEU, operated by Marsa Maroc and CMA Terminals with MSC through Terminal Investment Limited on a second container terminal. It directly targets Algeciras and Valencia transshipment share.

Ndayane in Senegal, developed by DP World with the Government of Senegal and British International Investment, is a $1.2 billion project completing in 2028, with phase one comprising an 840-metre container quay, a five-kilometre access channel, 18 metres of draft and 1.2 million TEU of capacity. Main dredging completed on 27 July 2026, thirteen months ahead of schedule.

Lekki Deep Sea Port in Lagos, Nigeria has a phase one valued at $1.1 billion and is nearing full utilization, with phase two at $240 million commencing. APM Terminals signed a memorandum of understanding for exclusive negotiations on a new deepwater port at Badagry in September 2026.

Egypt is investing 8 billion Egyptian pounds in Damietta Port expansion ahead of a global tender, and secured $455 million to build a new container port at Abu Qir. On 24 August 2026 Egypt offered United States firms port and terminal operating roles as part of a bid for regional manufacturing status.

CK Hutchison’s $22.8 billion international ports sale to a consortium of BlackRock and Global Infrastructure Partners with Terminal Investment Limited, the MSC affiliate, is still unresolved, and Panama has been carved out. Panama’s Supreme Court ruled the Balboa and Cristobal concession unconstitutional and the government voided the contracts in February 2026, with CK Hutchison now in arbitration. Forty-three terminals across 23 countries remain in scope. China has insisted COSCO join the buyer group, with China Merchants Group entering talks on 27 April 2026.

Separately, Hapag-Lloyd and FIMI have a live, contested $4.2 billion proposal for ZIM, opposed politically in Israel, with ZIM’s board reaffirming the Hapag agreement after an unsolicited higher offer.

The Union Pacific and Norfolk Southern transcontinental merger. Shareholders approved in November 2025. The Surface Transportation Board accepted the application on 28 May 2026, held it in abeyance pending supplemental filings, then set a schedule running to a final decision expected in late May 2027, with the longest evidentiary period permitted by law at 395 days, an environmental impact statement requiring at least twelve in-person public meetings, and nine state attorneys general objecting, including on national-security grounds. Every inland-port and intermodal land thesis in the country is downstream of that decision.

Verified inland port facts for 2026: Inland Port Greer in South Carolina completed a $55 million expansion in 2025 adding 50% capacity, about 9,000 feet of rail and 300,000 annual rail lifts. The Appalachian Regional Port at Chatsworth, Georgia set a record of 4,800 containers in July 2026, up 41% year on year, and the Gainesville Inland Port opened in May 2026. Norfolk Southern launched daily Charleston to Huntsville, Alabama intermodal service on 11 September 2026.