PSA, PFR, IFM Jointly Acquire DCT GDAŃSK

May 23, 2019

PSA International Ptd Ltd (PSA), the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) managed by IFM Investors have completed the transaction to jointly acquire DCT Gdańsk, the largest container terminal in Poland.

DCT Gdańsk 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 Twenty-Foot Equivalent Units (TEUs).

Container volumes handled by the terminal have grown steadily over the years to reach 1.9 million TEUs in 2018.

The terminal has a quay length of 1,306 meters and a maximum depth of 17 meters. DCT Gdańsk is already undergoing expansion, which will be completed in the course of 2019 and 2020.

The consortium partners have the intention to further strengthen the terminal’s position and to look into additional expansion needs as and when relevant.

Logistics News

New Zealand selects two LNG terminal bidders for energy security

New Zealand selects two LNG terminal bidders for energy security

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Report Details Four Ship Breakaways During Storm

Report Details Four Ship Breakaways During Storm

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Subscribe for Maritime Logistics Professional E‑News

LATAM Brasil reduces fuel cost plans and capacity plans, with cuts expected into the third quarter
Why the Houthis, who are Iran-aligned, could have a greater impact on the oil market than previously thought
Senators want to investigate the US Transport chief's road trip, which was paid for by corporate donors