ICTSI signs new 30-year lease for Baltic Container Terminal in Port of Gdynia

International Container Terminal Services Inc. (ICTSI) has signed a new 30-year lease with the Port of Gdynia SA for the Baltic Container Terminal (BCT).

ICTSI was the declared preferred bidder for the new lease, which has effectively extended the tenure of BCT under the management and operation of the Philippines-headquartered company until 2053.

Hans-Ole Madsen, ICTSI senior vice president and regional head of EMEA, said: “We are pleased to extend our long and positive relationship with the Port of Gdynia.