International Container Terminal Services, Inc. has completed Victoria International Container Terminal, its facility at the Port of Melbourne’s Webb Dock.

“This is an achievement that everyone who has helped build the terminal and are invested in the success of the State of Victoria should celebrate,” said Enrique K. Razon Jr., chairman and president of ICTSI [third from left in photo]. “Once we start operations in January, VICT will be the most technologically advanced container terminal in the world.”

According to VICT, the first phase consists of one 330m berth with five Neo-Panamax ship-to-shore cranes. The terminal will be capable of handling vessels with a capacity of up to 8,000 TEUs.

When fully developed, the terminal will have six Neo-Panamax cranes and will be able to handle up to 1.4 million TEUs annually.

VICT signed a 26-year concession with the Port of Melbourne Corporation to build, operate and develop the container terminal at Webb Dock East, as part of the Port of Melbourne’s Port Capacity Project.