PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
Lana
 
Comments: 4
Article views: 684
 
 
 

Meanwhile in Aussie - The Third Stevedore enters Queensland

03 February 2014, 13:49

Marking a seismic shift on the Australian waterfront, the third stevedore in Australia started their operations this month in the Port of Brisbane. The Brisbane Container Terminals (BCT) was inaugurated by Hon. Warren Truss, acting Prime Minister and the Minister for Infrastructure and Regional Development, Australia. The Brisbane Container Terminals has been set up in the reclaimed land in Fisherman’s Island that belongs to the Port of Brisbane. The new container terminal is promoted by Hutchison Port Holdings, one of the largest developers as well as operators of ports in the world.


According to the deputy chairman of Hutchison Port Holdings, Dr. John Meredith, the Brisbane Container Terminals has a very important role to play in the development of Australia’s trade. He added that the Brisbane Container Terminals will also be a key investment among Hutchison’s investments spanning 52 countries and that the company is prepared for a long haul as the intention of setting up the terminal is to bring about a difference in this market segment.


Dr. Stephen Gumley, chief executive of Brisbane Container Terminals, said that the strategic significance of this new terminal should not be underestimated in any manner whatsoever because it is not only a dramatic, but also a positive development on Australia’s waterfront. According to him, the Brisbane Container Terminals services the most important container trade on the eastern coast of Australia and is the first terminal that will be operated by the third stevedore.


Further, he added that two companies were the sole operators of this business in Australia up until now and the new container terminal marks the arrival of the third operator in this niche market segment. Now, the three companies would be vying for the shipping line business which is good for both the shipping lines as well as their customers because of value addition and availability of better services.


Gumley also said that the Brisbane Container Terminals has an important role to play in maximizing the third stevedore operator’s success in Melbourne as well as Sydney. “In this market, stand-alone operators will be faced with considerable challenges. This is because of the fact that incumbent stevedores have typically been packaging ports when they provided offers to shipping lines or offering discounts on the basis of national volumes.”, he added (source). Through its investments in Sydney’s Port Botany and in Brisbane, the Hutchison Port Holdings will be making available a two-port alternative. Further, their effort will be to seek extension of operations to three ports in the east coast of Australia.


About Port of Brisbane


The Port of Brisbane, located at the Brisbane River mouth, is one of the fastest growing among the container ports. It is also the largest cargo port in Queensland. Port of Brisbane is developed and managed Port of Brisbane Pty Ltd. under a 99-year lease agreement with the government of Queensland. However, it is owned by the consortium, Q Port Holdings, formed by four large as well as experienced infrastructure investors in the world.


The role of Port of Brisbane Pty Ltd. includes the following:


• Development and maintenance of the port as well as its related facilities

• Operation of Brisbane Multimodal Terminal

• Leasing/managing land for services related to the port

• Facilitation of the approval process for developments on core port land of Brisbane

• Maintaining the access to the port navigable for commercial shipping

• Operation of the Visitors Centre



In June 2009, the Queensland premier announced the sale of Port of Brisbane Corporation as part of Renewing Queensland Plan. All machinery and equipment, including the employees, were transferred by the Queensland government to the new company Port of Brisbane Pty Ltd. for carrying out the operations. In November the same year, Q Port Holdings was announced as the successful bidder by the Queensland Treasurer and they became the new owner of the port in 2010.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.
 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Lion87
I Believe in Santa

Santa provides so much wonder and awe to millions of kids around the world Read more...

3 comments 52 views
Submitted by
Lindi Gross
On the subject of theft

In another vein - this is about petty thievery from homes. It is rife in the suburbs and although the Police are prompt and attentive - nothing is ever recovered.  Read more...

5 comments 876 views
Submitted by
Scooterza
The Sexless Marriage/Relationship

This is a hot topic at the moment with the recent survey saying SA men get nookie on average 52 times a year and the story of the husband who emailed his wife a list of excuses she gave for not engaging in sex.  Read more...

19 comments 1287 views
Submitted by
Jim Dickson
Violations Processing Centre

I find it very interesting, having moved to Cape Town, not just to avoid E-Tolls, that when I received my first ever E-Toll bill it is issued by the “Violations Processing Centre”. Read more...

7 comments 318 views
Submitted by
Godless Heathen
If you are calling for the death ...

We always get told that Bantu education was a sorry mess and the poor oppressed previously have nots were seriously disadvantaged by the system.  Read more...

58 comments 1782 views
Submitted by
jeremy thorpe
"Train" yourself to avoid e-tolls...

My journey to work now involves a trip on the Gautrain from Rosebank to Pretoria, followed by a brief 12 minute trip on Metrorail from Pretoria station to my place of work. Read more...

16 comments 1725 views

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

2 TV Series for R250

Get 2 TV Series box sets for R250 and save up to R148! Offer valid while stocks last. Shop now!

Pre-order the Xbox One

Get this all-in-one entertainment system with live TV, movies, social networking and gaming. Pre-order now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

Mind blowing deals on electronics!

Save up to 35% on electronics. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on your iPhone Get News24 headlines on your iPhone.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

Calais Website keywords automated by OpenCalais.

 
Interactive Advertising Bureau
 
© 2014 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.