SUCCESSFUL BIDDER ANNOUNCED FOR MELBOURNE’S THIRD CONTAINER TERMINAL

Victorian Minister for Ports David Hodgett has announced Victorian International Container Terminal Limited as the successful contract bidder to operate Melbourne’s third international container terminal at Webb Dock.

The consortium comprised of Philippines-based International Container Terminal Services and Australia’s Anglo Ports will operate the terminal, meaning there will now be three operators in Melbourne and four in Australia, promoting increased competition in shipping.

Mr Hodgett said the winning bidder had lodged an innovative bid which demonstrated the group’s global experience in terminal operations, development and shipping.

The new terminal will handle over one million standard containers each year and Victoria International Container Terminal Ltd will concentrate on promoting off peak truck movements to improve the efficiency of Victoria’s transport logistics and feed expanding supply chains.

Work on the new terminal is expected to start later this year and be completed in late 2016.