Release Date: 13 November 2007
Release ID: 1372
International Container Terminal Services, Inc. (ICTSI), through Batumi International Container Terminal LLC (BICTL), officially took over last 2 November operations at the Port of Batumi in Georgia.
Present at the takeover were Nudgzar Katamdze, Batumi Sea Port Deputy Director General; Harsh Khare, ICTSI Vice President; and BICT management team lead by Tony P. Bestenbreur, general manager and chief operating officer.
The day also marked the servicing of BICTL’s first ferry vessel “MV Geroite Na Sevastopol”, which docked at Berth 6. The vessel contained 7 import railwagons, 26 various types of cargo loaded trucks, two 20ft full containers and 27 passengers. The vessel loaded 12 trucks, 3 passenger cars and eight passengers.
ICTSI Ltd’s wholly owned subsidiary, ICTSI Georgia Corp., obtained the port concession from Batumi Port Holdings Ltd., which has the exclusive management rights over the state-owned shares in Batumi Sea Port Limited (BSP). ICTSI Georgia Corp. formed BICTL to operate the concession, and to be the exclusive operator in the Port of Batumi.
BSP granted a 48 year lease to BICTL to operate a total area of 13.6 hectares of the Port of Batumi that includes Berth 4 & 5 for the container terminal, Berth 6 for the ferry terminal and for dry bulk general cargo. BICTL will pay an annual rent of US$0.60 per square meter for the first 18 months, increasing to US$5.50 per square meter thereafter.
BSP and BICTL have outlined their preliminary upgrade activities required to strengthen Berths 4 & 5 for the installation quay cranes, and to refurbish the two portal cranes in Berth 6 as part of the investment requirement for the Port of Batumi. BICT is also looking at the possibility of handling container vessels using mobile harbor cranes as well as roro vessels.
The Port of Batumi is considered as one of the main transportation trade points in the Black sea.
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