NEW BRISBANE CRUISE SHIP TERMINAL ONE STEP CLOSER

Written on the 12 February 2016

NEW BRISBANE CRUISE SHIP TERMINAL ONE STEP CLOSER

PLANS for a $100 million new Brisbane cruise ship terminal are another step closer after progressing to the detailed assessment phase.

The new facility has been proposed to be built in deep water at the mouth of the Brisbane River to safely accommodate superliners.

The Market Led Proposal was submitted by the Port of Brisbane Authority, with the support of major cruise ship operators.

Premier Annastacia Palaszczuk says the existing cruise ship terminal at Portside Hamilton can only berth vessels up to 270m.

She says 60 per cent of cruise ships in Australia will be bigger than 270m by 2020, with Cunard Line's Queen Mary 2 at 345m and Royal Carribean's Allure of the Seas at 362m.

"A new purpose-built, deep water cruise ship terminal would be a major step forward for the tourism sector here in Queensland," Palaszczuk says.

"And early projections from the Port of Brisbane indicate that it could lead to 300 construction jobs."

A Port of Brisbane commissioned study forecasts an additional expenditure increase of up to $1.3 billion over the next 20 years after the terminal is opened. Passenger numbers for the Brisbane market are also expected to tip 766,000 in 2036.

Palaszczuk says the proposed terminal would be delivered at no cost to Queensland taxpayers.

The government will work with Port of Brisbane during detailed assessment.

 


Latest News

INTEREST IN RETAIL PROPERTY SPIKES AS INTERNATIONAL BRANDS LOOK TO ROLL OUT IN AUSTRALIA

AN influx of international retail brands into Australia over the next five years are expected to push up demand for f...

MANTRA BOASTS OF SUCCESSFUL HOTEL INTEGRATION AS NET PROFIT GROWS 15 PER CENT

MANTRA Group (ASX:MTR) CEO Bob East has praised the performance of the company's new Honolulu Hotel as it posted ...

WHITEHAVEN TRIPLES EARNINGS, PAYS DOWN DEBT AFTER COAL PRICE TURNAROUND

THE HIGH coal price has allowed Whitehaven Coal to triple earnings and pay down a large portion of its debt in the fi...

BABY BUNTING BUOYED BY CLICKS AND BRICKS PERFORMANCE

BABY Bunting has grown sales 18.1 per cent to $135.1 million in the first half of FY17, sweetened by the opening o...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter