VICT reaches 5m TEU
NewsVictoria International Container Terminal, ICTSI’s fully automated container handling facility at the Port of Melbourne, has reached five million TEU.
International Container Terminal Services, Inc (ICTSI) has signed a 25-year lease for the container/ breakbulk facility at Terminal 6 with the Port of Portland, Oregon.
The port began its search for a public-pr ivate partnership (PPP) player two years ago, but suspended the process due to the economic downturn. This is ICTSI’s first foray in North America, although at one time it looked as though it would become involved in one and then another project in the US Gulf (in Texas).
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This complete item is approximately 300 words in length, and appeared in the May 2010 issue of WorldCargo News, on page 10. To access this issue download the PDF here.
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