T-Ports’ Lucky Bay Project Update: Dredging Works Kick Off
- Business & Finance
T-Ports has just released the latest update on their Lucky Bay project – an innovative port development scheme on South Australia’s Eyre Peninsula.
“April has been a productive month for T-Ports with new milestones reached and an announcement made, while the project remains on track to open for grower receivals later this year,” the Adelaide based company said.
Contractors Keller (ground improvement) and Buttrose Earthmovers (earthworks) are progressing construction of the Lucky Bay port in time for October receivals. Heavy machinery is at work for the remediation and ground improvement scopes at the site, while dredging has also started.
“This is an exciting step in the project’s timeline and signals the project is on track to deliver its goal of bringing the port closer to the product,” said T-Ports.
“The many years of work that have gone into the project are now beginning to come to fruition in a really visible way in coming months.
“We are on track to be open and ready for grain deliveries in October this year and look forward to a long and productive relationship with growers on the Eyre Peninsula.”
Construction at both the Lucky Bay and Lock bunker sites is nearly complete, with bunker walls at Lucky Bay more than 85% complete.
T-Ports was established in 2018 as a joint venture between Inheritance Capital Asset Management (ICAM), Duxton Asset Management and Sea Transport Corporation.