Terminal Portuario Valparaíso (TPV)

What Terminal Portuario Valparaíso (TPV) does

Terminal Portuario Valparaíso (TPV) is the concessionaire of Terminal 2 of the Port of Valparaíso, Chile, operating a 6.4-hectare (65,000 m²) multipurpose terminal with 613 meters of berth length across three berths (sites 6, 7, and 8) and drafts of +6.9 to 9.3 meters. The terminal handles general cargo, breakbulk (primarily steel), refrigerated cargo, multipurpose vessels, and cruise ships, with an annual cargo handling capacity of 1.8 million tons. Core equipment includes two Panamax-type Gottwald cranes (100-ton capacity), six reach stackers, 38 forklifts, six trucks, and dedicated cruise passenger embarcadero facilities. TPV operates under ISO 9001, ISO 14001, ISO 45001, PBIP/ISPS Code, and Huella Chile carbon quantification certifications (2022, 2023, 2024), and has implemented maritime cybersecurity Circular DGTM y MM O-75/005/006.

TPV is a wholly-owned subsidiary of AGUNSA (Agencias Universales S.A.), a diversified Chilean port and logistics conglomerate, and was incorporated in 2022 when AGUNSA was awarded the Terminal 2 concession through a transition tender signed with state-owned port authority Empresa Portuaria Valparaíso (EPV) on February 25, 2022, with operations commencing on March 16, 2022. The concession was extended through December 2029 via an amendment approved by Chile's Tribunal de Defensa de la Libre Competencia (TDLC) in June 2026. The company serves shipping lines, cargo owners, refrigerated cargo operators, multipurpose vessel operators, and international cruise lines including Hurtigruten, Viking Cruises, Scenic Group, and Compagnie du Levant. Revenue is generated through transaction-based fees across four streams: cargo transfer and stevedoring services, berth and wharf services, cruise passenger embarkation/disembarkation, and customs warehouse storage. Pricing is governed by a dual tariff structure (regulated services adjusted July 24, 2026 and non-regulated services adjusted June 14, 2026), published publicly and governed by the concession contract.

TPV operates a B2B enterprise sales model with direct engagement of shipping agents, port agencies such as AGENTAL, cargo owners, and cruise operators, combined with industry event participation (Seatrade Cruise Global) and community partnerships including the "Juntos Limpiamos el Barrio Puerto" environmental initiative with TPS and the Valparaíso municipality. The company employs more than 420 people, making it a relevant regional employer, and is led by General Manager Felipe Murúa Sepúlveda (appointed April 1, 2026) under Chairman Matías Laso. As a private subsidiary of AGUNSA, TPV does not publicly disclose revenue.

Name

Terminal Portuario Valparaíso (TPV)

Legal name

Terminal Portuario de Valparaíso S.A.

Website

https://tpvsa.com

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Terminal Portuario Valparaíso (TPV) operates Terminal 2 of Puerto de Valparaíso as a multipurpose port handling general cargo, breakbulk, refrigerated cargo, multipurpose vessels, and cruise passengers for shipping lines, cargo owners, and international cruise operators under an AGUNSA-held concession through 2029.

Ownership category

akta.pro rank

Product category

Maritime Port Terminal Operations

NAICS

Port and Harbor Operations (488310), Marine Cargo Handling (48832), Support Activities for Water Transportation (4883)

akta.pro primary industry

Reefer Breakbulk Terminals (Non-Containerized Perishables) (TLAHADAE)

Keywords

• Port terminal operations
• Cargo handling services
• Cruise passenger services
• Maritime logistics
• Berth and stevedoring services

Headquarters

HQ city

Valparaiso

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Cargo Handling and Transfer Services: Stevedoring, cargo handling, and transfer services for general cargo, breakbulk (mainly steel), and refrigerated cargo. Includes loading, unloading, and storage operations at Terminal 2.
2. Berth and Wharf Services: Berthing services for vessels at sites 6, 7, and 8, including pilot services, tug assistance, and mooring operations for cargo and passenger ships.
3. Cruise Passenger Services: Passenger embarkation/disembarkation services, including use of passenger embarcadero facilities for cruise ships and maritime tourism operations.
4. Storage and Depot Services: Customs warehouse storage services including direct and indirect cargo withdrawal, with 90-day general storage period and insurance claim processing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TPV operates Terminal 2 of Puerto Valparaíso under a public concession that runs through December 2029, providing multipurpose stevedoring, berthing, and cargo transfer services for general cargo, breakbulk, and refrigerated (reefer) goods, as well as cabotage handling and cruise ship passenger reception. The terminal handles ship calls, holds specialized equipment such as Panamax Gottwald cranes, and runs under PBIP and ISPS Code security frameworks.

Product overview

Terminal Portuario Valparaíso (TPV) is a concessionaire company operating Terminal 2 of Puerto de Valparaíso, Chile, since March 2022 as a subsidiary of the AGUNSA group. The company operates a unified multipurpose port terminal with a surface area of 6.4 hectares and 613 meters of berth length across sites 6, 7, and 8. Its product portfolio centers on core port terminal operations encompassing cargo transfer services (general, break-bulk, refrigerated, and multipurpose cargo), terminal berthing services, cabotage services, and cruise ship passenger services. Supporting operational services include mandatory safety induction training, insurance and claims handling for cargo damage, and a whistleblower compliance channel. TPV serves international trade, shipping agents, and cruise operators with world-class equipment including Panamax Gottwald cranes, reach stackers, and forklifts.

Differentiator

Problem solved

Functional benefit

Products and services

• Terminal 2 General Cargo Transfer Multipurpose stevedoring and cargo transfer service for general cargo and breakbulk at Terminal 2 of Puerto Valparaíso, available to shipping lines, cargo owners, and importers/exporters using the Chilean central coast port.
• Refrigerated Cargo (Reefer) Handling

Quantifiable outcome

• 17,000 passengers served (embarkations, disembarkations, transits) during 2025-2026 cruise season
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Terminal Pacífico Sur Valparaíso (TPS)coreStrategic or Co-development Partner · 16 June 2026TPS is the other major concessionaire at Puerto Valparaíso (Terminal 1). TPV and TPS collaborate on joint community initiatives like 'Juntos Limpiamos el Barrio Puerto' environmental cleanup program, working together with EPV and the municipality to contribute to the city's development and quality of life.
• AGUNSA (Agencias Universales S.A.)coreStrategic or Co-development Partner · 16 March 2022TPV is a wholly-owned subsidiary of AGUNSA group. AGUNSA is a major port operator in Chile and Latin America with operations across multiple ports. TPV operates Terminal 2 under this corporate umbrella, benefiting from AGUNSA's port management expertise, logistics network, and operational resources.
• Report SPAminorOthers · 16 March 2022
• Empresa Portuaria Valparaíso (EPV)coreStrategic or Co-development Partner · 25 February 2022EPV is the state-owned port authority that granted TPV the concession to operate Terminal 2. The concession contract was signed following a competitive tender process and approved by TDLC. Concession extended until December 2029 to ensure operational continuity while EPV develops the long-term expansion plan.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• International Container Terminal Services Inc. (ICTSI): ICTSI is a global port management company operating container terminals and general cargo facilities across emerging markets, including Latin America. It represents a broad incumbent competitor for terminal operating contracts and concessions in the region.
• APM Terminals: APM Terminals operates a global network of container and multipurpose terminals as part of Maersk. It serves as a broad incumbent peer relevant to TPV's terminal operations and competing for global shipping line contracts that also call at Chilean ports.
• SSA Marine: SSA Marine operates a global network of port terminals and cargo handling facilities, including operations in Latin America. It represents a broad incumbent peer in terminal operations relevant to TPV's cargo handling and stevedoring services.
• DP World: DP World is a global port operator with terminals across more than 80 countries, including container and multipurpose facilities. It represents a broad incumbent peer relevant to TPV's terminal operating model and cargo handling capabilities at scale.

Others

• AGUNSA (Agencias Universales S.A.): AGUNSA is TPV's parent company and a diversified Chilean conglomerate with port, logistics, and shipping agency operations across Latin America. While not a direct competitor to TPV, AGUNSA provides network synergies and represents the broader port operating portfolio that TPV sits within.
• Empresa Portuaria Valparaíso (EPV): EPV is the state-owned port authority that grants concessions and oversees port operations at Puerto Valparaíso. It is the contractual counterparty to TPV's concession and a regulatory/strategic stakeholder, rather than a direct operator competitor, but materially shapes TPV's operating environment.

Direct peers

• San Antonio Terminal Internacional (STI): STI operates a major multipurpose container terminal at the Port of San Antonio, Chile's largest port by volume. It competes with TPV for central Chilean cargo flows and shipping line contracts, sharing a comparable multipurpose terminal operating model with overlapping cargo categories.
• Puerto Central (PC): Puerto Central operates a multipurpose terminal at the Port of Lirquén in Chile's Biobío Region, handling containers, breakbulk, and general cargo. It shares TPV's multipurpose terminal business model serving Chilean trade flows with comparable equipment and customer mix.
• Puerto Ventanas: Puerto Ventanas operates a multipurpose terminal at Quintero Bay in central Chile, handling bulk, breakbulk, and general cargo. It competes with TPV for central Chilean cargo volumes and shares comparable handling capabilities and customer segments.
• Terminal Pacífico Sur Valparaíso (TPS): TPS operates Terminal 1 of Puerto Valparaíso under a separate concession, directly competing with TPV for the same shipping lines, cargo owners, and cruise operators at the same port. It handles container and general cargo, making it the closest operational peer to TPV's Terminal 2 operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Terminal Portuario Valparaíso (TPV)