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ICTSI: Melbourne expansion on track

INTERNATIONAL Container Terminal Services Inc. (ICTSI) on Monday said that a project to accommodate larger ships at its Melbourne terminal was on schedule to be operational by 2024.

Upon completion, the AU$235 million ($159 million) expansion of the Victoria International Container Terminal (VICT) will enable the facility to handle two 336-meter vessels simultaneously, VICT Chief Executive Officer Bruno Porchietto said.