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.
WORLD SHIPPING
01 May 2012 - 08:12
Melbourne earmarks US$1.24 billion for new terminal and dock upgrade
MELBOURNE container terminals will be expanded to accommodate expected trade growth, announced by Victoria state Premier Ted Baillieu.
WORLD SHIPPING
01 May 2012 - 08:12
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