Melbourne earmarks US$1.24 billion for new terminal and dock upgrade

%2020 %07 %04


MELBOURNE container terminals will be expanded to accommodate expected trade growth, announced by Victoria state Premier Ted Baillieu.

The project involves the construction of a new container terminal at Webb Dock and the improvement and modernisation of infrastructure and facilities at Melbourne's existing container terminals on the Swanson Dock under the A$1.2 billion (US$1.24 billion) redevelopment plan.

In its 2010-11 fiscal year, Melbourne handled a record 2.5 million TEU. Premier Bailleu said the work was needed to ensure that the port was able to upgrade efficiency as a gateway port.

"With container movements in and out of Melbourne increasing in excess of six per cent every year and tipped to reach eight million TEU by 2035, this announcement is an important part of the coalition government's plan to provide the infrastructure required to meet demand," the premier said.

Shipping Gazette - Daily Shipping News
 

The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


Address:

International business magazine JŪRA MOPE SEA
Minijos str. 93, LT-93234 Klaipeda, Lithuania
Phone/Fax: +370 46 365753
E-mail: [email protected]
www.jura.lt

 


Publisher:

Ltd. Juru informacijos centras


The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt