Australia/Vietnam port deal

The Australian Government allocates AU$33.5 million for the Westport project, relocating container trade from Fremantle to Kwinana.

The 2024-25 State Budget by the Government of Western Australia allocates AU$373 million for port projects in WA, prioritising infrastructure for future development.

Commodities such as furniture, machinery, domestic appliances, and paperboard witnessed substantial increases in import volumes.

This project marks an Australian first in the port industry’s transition towards electric vehicles, aligning with Patrick’s commitment to decarbonisation.

Singapore and Australia formalize plans to establish a green and digital shipping corridor.

The aim of this significant change is to facilitate smoother import procedures while maintaining stringent biosecurity standards.