VICT extends Melbourne lease

Victoria International Container Terminal

Source: ICTSI

International Container Terminal Services Inc. has secured a 26-year extension for its wholly owned subsidiary Victoria International Container Terminal to continue operating Webb Dock East at the Port of Melbourne until 2066

The agreement extends the original lease, signed in 2014, from its previous 2040 expiry date, giving VICT a remaining contract life of 40 years at Australia’s largest general cargo and container port.

Continue reading this article… 

V2-PS

Register for a FREE one-month trial to continue this article

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!