The International Container Terminal Services (ICTSI) has reached a new 30-year lease agreement with the Port Authority of Gdynia for the Baltic Container Terminal (BCT) in Poland.
Effective until 2053, the new lease extends the terminal’s tenure under the management and operation of ICTSI, the owner of BCT.
Since 2003, ICTSI has been actively operating in the Port of Gdynia. It has already spent more than $100m in the terminal’s facilities, personnel and general service capability.
Future investments are expected to complement work underway by the Port Authority of Gdynia to upgrade the port infrastructure to enable access and handle larger vessel sizes.
Stage one works, which were already completed, allows BCT to handle vessels with an overall length (LOA) of up to 366m.
Further developments will help handle larger vessels of up to 400m LOA.
BCT serves as a crucial maritime gateway for feeder services, enabling to handle cargo from the main North European hubs.
It also acts as the main port of call for direct services between the Scan/Balt – USA and the North West Continent – India Pakistan Services.
The development works will allow BCT to consolidate and expand handling both categories of service for exporters and importers.
BCT CEO Wojciech Szymulewicz said: “BCT has considerable expertise in this area.
“Meeting stringent security requirements, and as such enjoys the trust of the Polish army and Poland’s NATO Allies.”