On September 18, 2020, the Port of Gdansk Authority S.A. announced a competition procedure to select the lessee or lessees of the land that will be created as a result of the inundation of the maritime area located within the administrative boundaries of the Port. On July 23, 2021, the results were officially announced. The competition commission accepted the offer of DCT Gdansk (now Baltic Hub Container Terminal Sp. z o.o.).
With the construction of the new T3 terminal, a third deep-water quay will be built at the port, increasing the Baltic Hub's handling capacity by 1.5 million TEUs to a total of 4.5 million TEUs per year. The investment, valued at €470 million, will include the construction of a 717-meter-long, 18-meter-deep deep-water quay and a 36-acre site.
In addition, the T3 project will purchase 8 quay cranes capable of loading and unloading the largest ships in the world, as well as 28 semi-automatic RMG cranes, which will be remotely operated by operators at ergonomically designed stations. This will create a much safer, modern and comfortable working environment all year round.
Construction of the new terminal is scheduled to begin in the second half of 2022, and it is expected to be operational in mid-2024.
Upon completion of T3, the Baltic Hub will become one of the largest container terminals in Europe in terms of handling capacity, and will invariably serve and support both the booming Polish economy and the markets of Central and Eastern Europe and the Baltics.
INVESTMENT DETAILS AND FINANCING
The competitive procedure announced by ZMPG S.A. in September was a kind of market "check" for examining the Port's investment potential - in particular the basins where further development of deep-water terminals is planned.
Baltic Hub was selected in a non-discriminatory , competitive procedure conducted by the Port of Gdansk Authority to lease the land to be flooded by Baltic Hub and on which a new T3 container terminal will be built, located east of the existing T1 quay. The investment is expected to amount to about PLN 2 billion (about EUR 470 million) and will be financed solely with Baltic Hub's own funds and funds raised from external lenders.
GREEN SIDE OF THE INVESTMENT
Baltic Hub takes its responsibility for the environment very seriously, using solutions such as environmentally friendly quay and port equipment and the use of special concrete to minimize CO2 emissions. That's why Baltic Hub also conducts environmental impact studies as part of every new project, as well as measures to mitigate potential risks. As a responsible port hub, Baltic Hub confirms with its new investment a strong commitment to maintaining a balance between environmental protection and port development.
Gdansk Port Authority and Baltic Hub emphasize that the investment will be carried out with respect for the environment and the local community.
The new terminal will be built entirely on the water, with the development adjacent to T1, thus continuing the investment at sea and away from the beach. The same concept guided the construction of the T1 terminal. Baltic Hub and the Gdansk Port Authority are responsible developers, aware of environmental issues and respectful of the needs of local communities. Therefore, all precautionary measures will be taken to protect the environment, marine life and habitats in the T3 area. Stogi Beach, which is environmentally important and vital to the local community, will remain untouched and continue to be open to the public.