Port of Townsville CEO: Channel Widening Essential for Port’s Growth

Image source: Port of Townsville Limited

Port of Townsville said in its latest release that Australian Prime Minister, Scott Morrison, announced today a $75 million funding contribution towards the Townsville Channel Capacity Upgrade; meaning that the works can now get underway.

The $193 million project involves widening of the shipping channels to accommodate larger ships and is the vital first stage of works under the $1.64 billion Townsville Port Expansion.

Port of Townsville Limited Chair, Renita Garard, said that the funding announcement by the Federal Government was a significant milestone in the port’s 154-year history.

Having certainty that the port can accept larger ships is a catalyst to attract and retain investment into the region, just as the port has underpinned economic development and growth of this region since 1864,” said Ms Garard.

Port Chief Executive Officer, Ranee Crosby, added that the channel widening is essential for growth of the port, ensuring goods produced in the region can get access to the Asia-Pacific and beyond, and that the everyday items people buy like food, clothes and electrical goods find their way onto retail shelves in North Queensland.

“Ships are getting bigger, making channel widening vital. Bigger ships coming to Townsville will mean lower freight costs, better connectivity to global markets, as well as allowing larger cruise ships to visit the city, which will further boost cruise tourism in the region,” said Ms Crosby.

“After more than ten years in the planning, our team is ready to start delivering the biggest investment project in our history.”

The Queensland Government has committed $75 million towards the channel works, and Port of Townsville Limited will fund $43 million.

 

Share this article

Follow Dredging Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

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

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply