Core Insights - The Chancay Port in Peru is a significant project under the Belt and Road Initiative, officially opening in November 2024, and is set to become a crucial shipping hub connecting Asia and Latin America [3][10]. Group 1: Port Operations - The Chancay Port features advanced automated operations, including smart driving container trucks that reduce energy consumption by over 25% compared to traditional trucks, achieving zero carbon emissions [6][10]. - The port's operations are highly efficient, with approximately 80% of loading and unloading tasks being automated, enhancing safety and reducing accident risks [13][10]. - The port's central control area coordinates operations, distributing work plans to various equipment, showcasing the efficiency of a smart port [10][8]. Group 2: Economic Impact - The opening of Chancay Port has significantly reduced shipping times, with the one-way sea transport duration between China and Peru now approximately 23 days, leading to over 20% savings in logistics costs [10][17]. - Peru's fishmeal exports have surged, with a 605.3% increase in April compared to the same period last year, highlighting the port's role in boosting key export industries [15][10]. - Local businesses, including fruit growers and fishmeal factories, have seen substantial order increases due to improved shipping capabilities, enhancing their competitiveness in international markets [17][19]. Group 3: Future Prospects - The port is expected to facilitate further growth in trade, with companies like Indurama planning to leverage the port for importing appliances, significantly reducing logistics cycles from 50 days to around 30 days [20][19]. - The rapid growth in transportation demand presents both challenges and opportunities for the port, indicating its potential to drive regional economic development and support small and medium enterprises [24][10].