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2010 August 20   06:35

Port of Melbourne to look at capacity options

The Victorian Government has announced that it has asked the Port of Melbourne Corporation (PoMC) to conduct a market sounding process and provide advice for the provision of additional container capacity at the Port of Melbourne.
Port of Melbourne Corporation (PoMC) CEO, Mr. Stephen Bradford, said the market sounding had now started and was a chance for industry and the community to have an input so all alternatives could be explored in greater details.
“From now until the end of September, we are seeking views from port stakeholders including current and prospective terminal operators, shipping lines, industry groups, local government, transport operators and the community on alternatives that could be considered to cater for Melbourne’s growing container trade demand,” Mr. Bradford said.
“With local container trade through the Port of Melbourne forecast to double to around 4.4 million containers by 2020, we need  to ensure the port, as a key component of our economy, is capable of achieving the next stage of container capacity development".
“Certainty of capacity to meet demand and support the sustainable growth of trade through the Port is vital in the context of delivering significant benefits to Victorians as a trading gateway to the world. I would encourage industry and the community to make a market sounding submission so we can consider their views and suggestions.”
Mr. Bradford said the information gathered would be used to prepare advice to the government on providing additional container capacity within the Port of Melbourne, Australia’s largest container port.

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