ICTSI to develop Melbourne's third container terminal

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
ICTSI to develop Melbourne's third container terminal

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

International Container Terminal Services, Inc. (ICTSI) and Anglo Ports, through their Australian subsidiary, Victoria International Container Terminal Limited (VICTL), have signed a contract in Melbourne with the Port of Melbourne Corporation on 2 May 2014 for the design, construction, commissioning, operation, maintenance and financing of the Port of Melbourne's new international container terminal and empty container park at Webb Dock.

ICTSI and Anglo Ports beat out competition from three other consortia:

  • a consortium comprised of CMA CGM S.A. - ANL Container Line Pty Ltd and Macquarie Specialised Asset Management Limited;
  • Hutchison Port Holdings (part of Hutchison Whampoa Limited); and
  • Qube Holdings Limited.

The project marks ICTSI's entry into Australia, and further extends ICTSI's portfolio of managed ports to 30 terminals across six continents.

VICTL is 90 percent owned by ICTSI alongside its Australian partner, Anglo Ports Pty Limited.

The contract grants VICTL the rights to design, build and operate the new terminal at Webb Dock and design, build and operate the new, on-port Empty Container Park at Webb Dock East. The lease concession extends to 2040.

In announcing the deal, Christian R. Gonzalez, ICTSI head of the Asia-Pacific region said:

"This new concession represents a major milestone for ICTSI, not only because it is our first concession in Oceania, but also because it establishes us as one of very few truly global operators with facilities on six continents."

"It is a premier project in a country that is considered to be a leader in infrastructure development, and we plan to introduce leading edge and proven technologies that will consistently deliver the highest levels of port performance. We are likewise excited by the fact that many innovations are geared towards ensuring seamless interaction between the Port, the City of Melbourne, and its surrounding communities, something we believe to be critical in the container terminals of the future."

VICTL's development for Webb Dock Container Terminal utilizes the best-proven technologies and innovations to deliver fully-automated operations from the gate to the quayside.

Phase 1 of the terminal, to be ready for operation by 31 December 2016, will have one berth of 330 meters fitted with three post-Panamax ship-to-shore cranes, 23.7 hectares of yard and off-dock area with fully automated operations from the gate to the quayside to deliver an estimated capacity of 350,000 TEUs.

The terminal will be able to handle vessels with a capacity of up to 8,000 TEUs.

Servicing the terminal will be a 10 hectare empty container park with a working capacity of around 200,000 TEUs.

Construction of the terminal superstructure and facilities is planned to commence in late 2014. A second phase, planned to be operational by 31 December 2017, will deliver an additional two post-Panamax ship-to-shore cranes on a second 330 meter berth.

When fully developed and as required by volume growth, the 35.4 hectare Terminal will have a total of six post-Panamax ship-to-shore cranes on 660 meters of berth, and will be able to handle up to 1.4 million TEUs annually, with the empty container park's capacity rising to 280,000 TEUs.

Investment for the full development of the Webb Dock Container Terminal and the ECP is estimated at around AUD$550 million dollars, and forms part of the Port of Melbourne's AUD$1.6 billion Port Capacity Project.

The Port of Melbourne is Australia's largest container and automotive port attracting more than 3,200 commercial ship visits each year. The growth of the Port of Melbourne continues to be a significant economic multiplier for the state of Victoria.

ICTSI is a leading port management company involved in the operation and development of marine terminals and port projects worldwide. ICTSI has received global acclaim for its public-private partnerships especially with economies seeking to divest port assets to the private sector.

Anglo Ports is an Australian company, spearheaded by its Chairman and CEO, Capt. Richard Setchell.

Captain Setchell is the former Chairman and CEO of P&O Ports worldwide, and brings a wealth of strategic operational experience.

List of country news

Country news

  • May 08, 2014

    Victoria prepares PPP for 11 schools

    The Victorian Government (Australia) has announced a multi million dollar plan to build 11 new primary schools through PPP model in Melbourne's growth suburbs. Read more
  • May 12, 2014

    Western Australia plans PPP schools package

    The state government of Western Australia has unveiled plans to deliver 19 new schools through a PPP contract during the next four years. Read more
  • May 13, 2014

    Hochtief raises stake in Leighton to nearly 70 %

    Hochtief, majority-owned by Spanish infrastructure group ACS, has raised its stake in Leighton Holdings to 69.62 percent. . Read more
  • May 14, 2014

    Cheung Kong makes alternative proposal to acquire Envestra

    Australian gas pipeline owner Envestra announced last week that it had received an indicative non-binding and conditional off-market takeover proposal to acquire all of Envestra's shares for cash consideration of $1.32 per Envestra share (A$2.37 billion), from a consortium comprising Cheung Kong (Holdings) Limited, Cheung Kong Infrastructure Holdings Limited and Power Assets Holdings Limited, each of which is a member of the Cheung Kong Group. Read more
  • May 19, 2014

    YES consortium selected for Experance port iron ore facility

    The Esperance Port (Western Australia) has selected a preferred proponent to design, finance, build and operate a new multi-user iron ore facility at the port. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.