ICTSI outlines expansion proposal for Victoria International Container Terminal

International Container Terminal Services, Inc. (ICTSI) has outlined a significant proposal for the expansion of its subsidiary Victoria International Container Terminal (VICT), aiming to increase efficiencies and pave the way for larger ships to berth at the Port of Melbourne.

The operator could invest over AU$500m (US$343m), undertaking a phased development of the Webb Dock North Container Terminal and integrating its operations with VICT.

The aim is to deliver higher operating efficiencies at a lower development cost and with a significantly reduced environmental impact compared to competing proposals.