ICTSI signs new 30-year lease for Baltic Container Terminal in Gdynia, Poland
In a ceremony held in Gdynia, on 19 December 2022, a new 30-year lease was signed into life by International Container Terminal Services Inc. (ICTSI) and the Port Authority of Gdynia SA for the Baltic Container Terminal (BCT). The new lease will run until 2053, according to the company's release.
The new lease, for which ICTSI was declared preferred bidder, effectively extends the tenure of BCT under the management and operation of Philippine-headquartered ICTSI, the 100 percent owner of BCT. ICTSI has been active in the Port of Gdynia since 2003, investing in excess of USD100 million in the terminal’s facilities, personnel and general service capability.
Future investments are expected to easily match and exceed this figure and will initially complement work underway by the Port Authority of Gdynia S.A. to upgrade the port infrastructure to facilitate the access and handling of larger vessel sizes. Stage 1 works have been completed, enabling BCT to handle vessels with an LOA of up to 366 meters. Subsequent developments will provide access for and the handling of much larger vessels of up to 400 meters LOA.
BCT represents an important component in Poland’s port infrastructure – it functions as a key maritime gateway for feeder services, relaying cargo to/from the main North European hubs and as a main port of call for direct services – the Scan/Balt – USA and the North West Continent – India Pakistan Services. The development work in-hand promises to enable BCT to consolidate and expand handling both categories of service to the direct benefit of exporters and importers. Equally, it will facilitate the handling of special cargoes such as advanced military equipment.
Recent years have also seen BCT make its mark in the handling of wind turbine components destined for use in onshore wind farms. It further expects to deploy this expertise in conjunction with offshore wind farms, which are planned for development over the short to medium term.
The emphasis on sustainability at BCT will be further reflected in the ongoing efforts to move cargo into and out of the terminal via rail, not just to national destinations but beyond Poland’s borders. BCT’s market reach via rail includes all major destinations in Poland and extends along the increasingly important trans-European Baltic – Adriatic Corridor (Corridor VI). This runs from Gdynia via southern Poland (Upper Silesia), Vienna and Bratislava and the Eastern Alpine region right through to Northern Italy, serving diverse industrialized centers en route.
BCT processes approximately 250 intermodal trains operated by 13 intermodal operators on a monthly basis. Container cargo moved by rail accounts for 30 per cent of annual throughput.
BCT is also a member of the EU-backed COMODALCE project, designed to take intermodal rail operations to a new, higher level.
