Business > Maritime
VICT to handle Panamax ships

INTERNATIONAL Container Terminal Services Inc. (ICTSI) said the $159-million expansion project at the Victoria International Container Terminal (VICT) in Australia is expected to accommodate larger ships by 2024.

VICT CEO Bruno Porchietto said Phase 1 of the VICT expansion is on track and once the project is complete, it can handle two 336-meter vessels simultaneously.