Baltic revolution

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PRESS RELEASE FOR IMMEDIATE RELEASE DCT Gdansk
Competitiveness of Polish container ports

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Baltic revolution

  1. 1. PRESS RELEASE FOR IMMEDIATE RELEASE Gdansk, 26th October 2011 Competitiveness of Polish container portsPolish consumers could save money and the Polish Government earn billions of zlotyin extra import duties if the bulk of container traffic from the Far East was directedthrough Polish ports rather than through German and Benelux ports, accordingto Boris Wenzel, CEO of the Deepwater Container Terminal in Gdansk.A switch to Gdansk would also create thousands of new jobs in the Tri-cityand reduce the high Co2 emissions associated with trucking and railing containersto Poland from ports like Rotterdam and Hamburg, believes Mr. Wenzel.“Over the past decade Hamburg and Rotterdam have taken advantage of Poland’srapid economic growth to develop into this country’s largest container gateways“ saysMr. Wenzel. “Now is the time to reduce Poland’s dependence on foreign ports andto look to the east and the south in developing a major hub port here in Gdansk”.Since it opened three years ago, DCT Gdansk has become the largest container portin Poland, capable of handling the largest vessels in the world with a capacityof 15,500 containers. Sailing time from China and Korea, where a significant shareof Poland’s imports of consumer goods are sourced, is just 36 days.With the port infrastructure in place Boris Wenzel believes DCT Gdansk and otherPolish ports should be positioned as the prime gateways not only to Poland but tothe CEE and other countries, like Ukraine and Russia, replacing German and otherports as the region’s gateways.Figures from Ocean Shipping Consultants Ltd show that shipping a container fromShanghai to Warsaw via Gdansk costs some 28 per cent less than through Rotterdamand 20 per cent less than through Hamburg. DCT Gdansk SA is entered into National Court Register maintained by Gdansk-North District Court in Gdansk, VII Commercial Department under the number KRS 0000031077. Share Capital is PLN 65,000,000 (fully paid). The Company’s seat is Gdansk at 7 Kontenerowa Street. NIP: 2040000183 REGON: 192967316
  2. 2. “Today Polish consumers are paying more for imported goods than they should, andPolish exports are less competitive because of higher transport costs to reach foreignhub ports. This is foolish now that Poland has its own hub port in Gdansk”,Shipping through other ports in the European Union also means that Poland losesduty revenues worth billions of zlotys, which could reduce Poland’s budget deficit,since duty is levied at the port of entry into the EU. Further development of DCTGdansk could also lead to the creation of 10,000 new jobs in the region by the end ofthe decade.But to realize the full potential of Polish container ports, says Mr. Wenzel, thegovernment needs to work with stakeholders and urgently address bureaucratic,financial and infrastructural bottlenecks, which continue to make foreign portsattractive to both importers and exporters in Poland. Priority should goto infrastructure development to efficiently connect Polish ports to the southern andeastern parts of the country, instead of supporting West – East connections that makePoland a corridor for foreign ports to reach further CEE destinations.About DCT GdanskDCT Gdansk is a Polish registered company majority owned by GIF II (Global Infrastructure Fund II),a specialized fund managed by a member of the Macquarie Group of Companies, headquarteredin Australia. Its terminal offers year-round ice-free access with a 17.0m deep approach channel and upto 16.5m depth along the berth. DCT Gdansk is an ideal gateway to Poland as well as thetransshipment hub for St. Petersburg and the rest of the Baltic region. The rail terminal, 2 x 1000m longand operated by DCT Gdansk, is adjacent to the marine facility. DCT Gdansk offers the only directcontainer shipping connection from the Far East to Poland and the Baltic Sea. DCT is adjacent to the100 ha Pomeranian Logistics Center developed by Goodman which is to open in 2012 and willoffer port centric logistics solutions to the Polish market.www.dctgdansk.comFor more information or to make arrangements to visit the Gdansk Deepwater Terminal and interviewDCT Chief Executive Boris Wenzel, please contact:Jadwiga GrabowskaPublic Relations+48 58 737 91 66+48 609 700 495jadwiga.grabowska@dctgdansk.com

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