Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

ICTSI lines up $300m in financing for highly automated Australian terminal VICT

From Seatrade Maritime:

Graphic rendition of proposed VICT terminal

International Container Terminal Services Inc’s (ICTSI) Australia unit has signed a AUD398m ($300m) loan facility for the construction and development of its highly automated Victoria International Container Terminal (VICT).

The financing will support the ongoing construction of VICT in Melbourne. Construction of the terminal started […]

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ICTSI brings more automation to Australian terminal

From a Cargotec news release:

Kalmar, part of Cargotec, has been awarded a contract to provide eight additional automatic stacking cranes (ASC) and related automation for Victoria International Container Terminal Ltd’s (VICT) new terminal in Melbourne, Australia. The terminal is fully owned by the Philippine-based International Container Terminal Services, Inc. (ICTSI). The equipment is scheduled […]

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ICTSI mulls move for cheaper rent deal at Port of Melbourne to match rivals

Melbourne’s newest stevedore, Victoria International Container Terminal, owned by Filipino company International Container Terminal Services Incorporated (ICTSI), is considering pushing for changes to its rental agreement at the Port of Melbourne after rival DP World secured a cheaper long-term deal.

The rent VICT committed to pay to the port is believed to be more than […]

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ICTSI's Port of Melbourne automation project chooses Finnish vendor

”Last year, the consortium laid out over $56.6 million (€40 million) for 12 automated stacking cranes and 11 automated shuttle carriers for the new port facility. Once the cranes lift containers off a ship, they can be set down in “buffer zones” and picked up by the shuttle carriers, which transport them to other […]

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ICTSI names head of Aussie unit

International Container Terminal Services Inc. announced the appointment of Anders Dommestrup as chief executive officer of its Australian subsidiary, Victoria International Container Terminal Ltd.

Prior to ICTSI, Dommestrup was chief operating officer of Modern Terminals Ltd. Since 2005, he had been overseeing the operation and business development of MTL’s operations in Hong Kong and in […]

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ICTSI bags 26-year contract to build, operate container terminal in Australia

International Container Terminal Services Inc (ICTSI) has bagged a 26-year contract to construct and operate a container terminal in Melbourne, Australia.

In a disclosure to the Philippine Stock Exchange, the Enrique Razon-led port operator said its subsidiary in Australia, Victoria International Container Terminal Ltd (VICTl), has signed a contract with Port of Melbourne Corp […]

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