ICTSI Polish subsidiary inks agreement with the Center of European Transport Project [Seaport]
Baltic Container Terminal (BCT), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Poland, has signed a PLN 53.8 million (approx. US$17.3 million) agreement with the Center of European Union Transport Projects to subsidize a portion of the PLN 153 million (approx. US$49.2 million) expansion project of the terminal, which is expected to be completed in 2015.
BCT was granted the subsidy as part of the Infrastructure & Environment Operational Program Measure 7.4. “Development of Intermodal Transport.” Within the investment program, BCTl shall invest in new equipment, yard area improvements and IT systems. The equipment to be purchased includes, among others, new quay cranes, rubber tired gantries and rail mounted gantries. Terminal yards and roads shall be modernized, and the number of reefer container racks will also be added. A DGPS system will be deployed to positioning of the equipment, and automated gates will be installed. The investment will increase BCT’s annual capacity by 60 percent, from 750,000 TEU to 1.2 million TEU.
Established in 1979, the Baltic Container Terminal in the Gdynia Port is one of the biggest terminals in the Baltic region and is the leading container terminal in Poland.
BCT is a subsidiary of International Container Terminal Services, Inc. (ICTSI) a leading port management company involved in the operations and development of 22 marine terminals and port projects in 17 countries worldwide. The company was among the first international terminal operators to take its expertise overseas.
Posted at 15:25