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    Singapore's PSA and two local partners take over DCT Gdansk

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    Singapore's PSA and two local partners take over DCT Gdansk
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    SINGAPORE's PSA International (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) have jointly acquired DCT Gdansk, the largest container terminal in Poland

    SINGAPORE's PSA International (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) have jointly acquired DCT Gdansk, the largest container terminal in Poland. The joint communique said DCT Gdansk is one of the fastest growing container ports in Europe and the only terminal in the Baltic that can serve ultra large container vessels (ULCVs) with a capacity of up to 23,000 TEU. Container volumes handled by the terminal have grown steadily over the years to reach 1.9 million TEU in 2018.

    The terminal has a quay length of 1,306 metres with 17 metres alongside. DCT Gdansk is already undergoing expansion, which will be completed in the course of 2019 and 2020.

    The consortium partners intend to strengthen the terminal?s position and to look into additional expansion needs as and when relevant, said the joint statement.

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