With the construction of the new terminal, known as “T3”, a third deep-water quay located at the new port area will be created, increasing the handling capacity of Baltic Hub by 1.5 million TEUs, to 4.5 million TEUs. The investment is worth Euro 470 million, and the third deep-water quay will be 717-metre-long with a depth of 18.0m and 36 hectares of yard will be built.
The T3 project also involves the purchase of 8 quay cranes that are able to handle the world’s largest vessels, and 28 semi-automated Rail Mounted Gantry cranes for the container yard, which will be remotely operated by operators located in ergonomically-designed workspaces. This will allow for a safer, efficient, modern and more comfortable working environment 365 days of the year.
The construction is planned to start in 2Q2022 and T3 is scheduled to be operational by mid-2024.
When completed, Baltic Hub will be among the largest container terminals in Europe in terms of handling capacity and be able to continue serving and supporting the fast-growing Polish economy, the Central and Eastern European (CEE) and the Baltic countries.
INVESTMENT DETAILS AND FINANCING
The tender procedure, announced by the Port of Gdańsk Authority in September last year, was a kind of market “Check” for examining the investment potential of the Port – in particular in terms of the waters where further development of deep-water terminals is planned.
Baltic Hub was chosen in a non-discriminatory, competitive procedure run by the Port of Gdańsk Authority to lease the area which will be reclaimed by Baltic Hub and where the new T3 container terminal will be built, located east of the existing T1 berth. The development is expected to bring investment into the region of 2 billion PLN (about euro 470 million), all financed solely by Baltic Hub’s own funds and financing from external lenders.
Baltic Hub takes its environmental responsibility very seriously, adopting features such as an eco-friendly landside and port equipment or using special concrete to minimize CO2 emissions. Baltic Hub also conducts environmental impact studies and mitigation measures for new developments. As a responsible hub port, Baltic Hub reaffirms with its new investment, a strong commitment to balance environmental protection with port development. The Port of Gdańsk Authority and Baltic Hub emphasize that the investment will be carried out with respect for the surrounding environment and the local community.
The new terminal will be reclaimed entirely on the water with its development adjacent to existing T1, thus continuing the growth out to sea, away from the beach. The same approach was utilized for Baltic Hub’s construction of T1. Baltic Hub and the Port Authority of Gdańsk are responsible developers, keenly aware of the environment and the local communities where we operate and where many of our employees and friends live. As such, all appropriate measures will be taken to protect the environment and marine life and habitats in the area of Baltic Hub 3; including for example, no development of Stogi beach, which will continue to be accessible to visitors.