Boost for Port of Brisbane

Written on the 13 July 2009

NEW South Wales infrastructure company Asciano has boosted its foray into the Queensland market, with a $125 million terminal at the Port of Brisbane and a 10-year haulage contract with Anglo Coal.

Asciano claims the AutoStrad Terminal at Fisherman’s Island at the Port of Brisbane (POB) is a world first, with a quay length of 900m and a capacity to hold 800,000 twenty foot units.

Managing director Mark Rowsthorn, says the terminal’s construction underlines a commitment to the Port of Brisbane, with an AutoStrad which can straddle containers and move them at 27 km/h unmanned.

“The terminal has been built to last and has been carefully planned to accommodate expansion as the POB grows,” says Rowsthorn.

“The Brisbane AutoStrad terminal is far removed from most people’s perceptions of the traditional waterfront. It is a sophisticated, safe and highly efficient environment exhibiting revolutionary technology and a highly skilled workforce.”

Anglo Coal will be Asciano’s fourth Queensland coal haulage customer, alongside Xstrata, Macarthur Coal and Rio Tinto.

The interest in businesses involved with the State Government’s infrastructure assets sends strong signals to the value of those assets, which include the Port of Brisbane, Queensland Motorways and Queensland Rail.

But as Asciano makes ventures into the Sunshine State, Queensland Rail has signed an 11-year contract with coal company Peabody Energy which will see QR forge a stronger presence in New South Wales.


Latest News

THE STAR'S STUNNING ANSWER TO CROWN'S BARANGAROO

THE Star Entertainment Group (ASX:SGR), not to be outdone by James Packer's Barangaroo development across the ...

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter