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

AGENTS REPORTING STRONG DEMAND FOR MELBOURNE CBD OFFICE SPACE PURCHASES

SEVEN Melbourne CBD offices have recently sold for more than $11 million in total, demonstrating huge demand for c...

DREAMWORLD PARENT COMPANY DEMOTES CEO DEBORAH THOMAS

ARDENT LEISURE, the parent company of Gold Coast's Dreamworld theme park, has reshuffled its core leadership w...

MELBOURNE SHOPPING CENTRE SELLS FOR $48m AS CHINESE DEMAND RAMPS UP

A MELBOURNE shopping centre has been sold for $48 million, bringing the total spent by Chinese investors on Victor...

HOW WEDDING WOES INSPIRED A BOOMING BUSINESS FOR MEGAN ZIEMS

WHEN she was dress shopping for her wedding in 2010, Megan Ziems (pictured left) was disappointed to discover a ma...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter