A NEW 30-year lease was signed between the International Container Terminal Services Inc. (ICTSI) and the Port Authority of Gdynia in Poland for the Baltic Container Terminal (BCT) on Monday, December 19. The new lease will run until 2053.

The new lease, for which ICTSI was declared the preferred bidder, effectively extends the tenure of BCT under the management and operation of Philippine-headquartered ICTSI.

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