VICT reaches 5m TEU
NewsVictoria International Container Terminal, ICTSI’s fully automated container handling facility at the Port of Melbourne, has reached five million TEU.
At the mid-February resumption of the high-stakes independent inquiry into the proposed third Port Botany container terminal (see WorldCargo News December 2004, p24) established positions were again upset when the New South Wales Department of Infrastructure, Planning and Natural Resources (DIPNR) presented a compromise plan.
The new design incorporates aspects of Sydney Ports Corporation (SPC)’s original scheme and P&O Ports’ favoured alternative and has received a muted response from various parties. DIPNR’s socalled Option 8 design allows for entry by a third player, but also provides for the P&OP-promoted “balanced duopoly” to continue.
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This complete item is approximately 520 words in length, and appeared in the March 2005 issue of WorldCargo News, on page 9. To access this issue download the PDF here.
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