Port of Newcastle says container terminal will proceed if secret subsidy to Botany is removed
2018-08-28 08:00

Port of Newcastle says container terminal will proceed if secret subsidy to Botany is removed

by Patrick Fach-Pedersen
Port of Newcastle says container terminal will proceed if secret subsidy to Botany is removed

“The Port of Newcastle says it has received a number of “unsolicited bids” to develop a container terminal in Newcastle in the weeks since potential operator DP World confirmed it was no longer interested in the port. But in announcing this interest, Port of Newcastle chief executive Craig Carmody signalled that the state government-imposed restrictions on Newcastle competing with Botany for container trade would have to be removed for the project to proceed.” To learn more, see the original story at Hellenic Shipping News.


Source: Hellenic Shipping News (JB)

Source: Hellenic Shipping News