Baltic Container Terminal (BCT), International Container Terminal Services, Inc.'s (ICTSI) subsidiary in Poland, signed a PLN 53.8 million (approx. US$17.3 million) agreement with the Center of EU Transport Projects that will 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, the Baltic Container Terminal shall invest in new equipment, yard area improvements and IT systems. The equipment to be purchased includes, among other things, new quay cranes, RTG's and RMGs. Terminal yards and roads shall be modernized, and number of reefer container rack 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% 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 terminal in the Baltic region and the leading container terminal in Poland.
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"Baltic Container Terminal signs an agreement with the Center of European Transport Project" was written by Mary under the Business category. It has been read 1693 times and generated 0 comments. The article was created on 30 March 2012 and updated on 30 March 2012.
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