shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Hutchison And CMA CGM Square Up Over Melbourne Box Terminal

Hutchison And CMA CGM Square Up Over Melbourne Box Terminal

by Joshua
May 6, 2013
in Uncategorized

Hong Kong’s Hutchison Port Holdings and French container line CMA CGM are among rival bidders to operate a third container terminal at the Australian port of Melbourne.
The minimum 1m teu capacity concession, the centrepiece of the Victoria state government’s A$1.6bn ($1.6bn) Melbourne port capacity project, attracted expressions of interest from Australian and international bidders after the tender process launched in October 2012.

Hong Kong’s Hutchison Port Holdings and French container line CMA CGM are among rival bidders to operate a third container terminal at the Australian port of Melbourne.
The minimum 1m teu capacity concession, the centrepiece of the Victoria state government’s A$1.6bn ($1.6bn) Melbourne port capacity project, attracted expressions of interest from Australian and international bidders after the tender process launched in October 2012.
Melbourne, on Australia’s southern coast, handled 2.6m teu in the last financial year, up from 2.4m teu in the previous like period. The volumes are handled by the two container terminal operators at Swanson Dock, DP World and Patrick Stevedores.
Located at Melbourne’s Webb Dock East, the new third facility is offered as a package that comprises 30 ha of waterfront terminal, a utility off-dock area and an adjoining empty container facility.
The bidder shortlist includes a consortium comprised of CMA CGM-ANL Container Line and Macquarie Specialised Asset Management.
Rival bidders are Australian International Container Terminals, a consortium of International Container Terminal Services and Anglo Ports.
Hutchison Port Holdings is the third bidder, with Australia-based Qube Holdings being the fourth.
Port of Melbourne Corp chief executive Stephen Bradford invited the shortlisted bidders to move to the request for proposals phase.
Mr Bradford said: “This is the jewel in the crown of Australian ports and the responses received during the expressions of interest phase confirm the strategic significance of operating a terminal at Australia’s premier port.”
“In evaluating the bids we are seeking innovation to deliver higher levels of operational efficiency alongside the requirements to operate a growing port in the middle of one of the nation’s largest cities.”
He added: “Importantly, we are also seeking commercial returns that are in line with the significance of this rare opportunity.”
The successful bidder will be announced in “early 2014”, and the first container vessel is expected to call the new terminal in late 2016.
The project is funded by the Port of Melbourne Corp, which provides the “backbone” infrastructure while the private sector operators will fund the terminal superstructure.
In mid-April 2013, Australia’s New South Wales state government awarded a A$5bn concession for 99-year leases at container hub Port Botany, near Sydney, and bulk specialist Port Kembla.
A November 2010 deal saw investors pay A$2.3bn for a 99-year lease to operate Australia’s Brisbane port on the Pacific east coast.


Related Posts

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

June 30, 2025
Meningitis: Death Toll In Kebbi Hits 56 – Govt 

Meningitis: Death Toll In Kebbi Hits 56 – Govt 

March 24, 2025
Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

Navy Rescues 8 Police Officers,1 Civilian From Boat Accident In Bayelsa

January 8, 2025
PHOTO NEWS: SIFAX Thanksgiving and Night of Praise 2.0

PHOTO NEWS: SIFAX Group Thanksgiving and Night of Praise 2.0

December 18, 2024

Discussion about this post

Latest News

Vessels Expected At Lagos Ports As At 9th July, 2025

FG Donates 3,500 Life Jackets to Boost Waterways Safety in Ogun State

July 9, 2025

Dangote Commends NPA-Led OSS Committee, Donates Bus to Support Operations

Customs Intercepts ₦654m Worth of Undeclared Foreign Currency at Kano Airport, Hands Over Suspects to EFCC

Vessels Expected At Lagos Ports As At 9th July, 2025

CRFFN Dismisses Viral Court Judgement Reports, Reaffirms Regulatory Mandate over Freight Forwarders

Lagos Govt. Dismantles Illegal Checkpoints Along Badagry Expressway

Nigeria Customs Sensitises International Airline Operators on Currency Declaration

PHOTO NEWS Collaboration For Trade Facilitation

Vessels Expected At Lagos Ports As At 8th July, 2025

Nigerian Exporters Lament as Road Freight to Ghana via Benin, Togo Costs Over ₦10 Million Per Truck  

NIWA Responds to Lagos State’s Call to Halt Sand-Filling Approvals on Waterways 

Shippers’ Council Recovers Over N5.5 Million in Container Deposit Refunds, Demurrage Disputes in Q1

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition