Expansion Projects Bring Benefits to Victoria’s Ports

Victoria’s commercial ports have performed strongly over the past year, posting solid figures in import and export trade.

Minister for Ports David Hodgett welcomed the annual reports tabled in Parliament yesterday and said the figures reinforced the strategic value of Victoria’s commercial ports.

Victoria has an incredibly strong ports sector which can be seen in the figures posted for the past year for trade at Melbourne, Geelong and Hastings,” Mr Hodgett said.

The Port of Melbourne Corporation recorded an overall profit after tax of $72.8 million for 2013-14 against the background of modest overall trade growth.

“The Port of Hastings also continued its strong trade growth, reporting significant increases in both exports and imports for the past reporting period.

“Overall, these are positive trade figures at Victoria’s major ports and the Napthine Government will continue its support of the sector to ensure these figures grow into the future,” Mr Hodgett said.

Mr Hodgett said there were significant projects underway at each major port to ensure Victoria retains its position as the country’s freight and logistics capital.

It’s a particularly dynamic time for the industry at the moment. It’s a time when a great deal of attention is being paid to the state’s ability to capitalize on the growing port trade, particularly the fast-growing container trade,” Mr Hodgett said.

The $1.6 billion Port Capacity Project at the Port of Melbourne is critical to our ability to accommodate future container and automotive trade growth.

“This major project has gained even greater momentum during the year with the announcements of the successful bidders for the international container terminal, the automotive terminal and Pre-Delivery Inspection (PDI) hub.

“Planning is well underway on the expansion of the Port of Hastings as Victoria’s next container port with major planning milestones achieved in the past year.

“There have been several milestones this year for the Victorian Regional Channels Authority (VRCA) including its appointment as Port-City coordinator in June to facilitate proposed infrastructure projects for the port, and the $6 million contract awarded in February to undertake dredging and improve safety, capacity and efficiency in the shipping channels,” Mr Hodgett said.

Press Release, September 19, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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