The future of international freight is being revolutionised by the use of “maxi” ships that have more than three times the capacity of the average vessel that uses the east coast’s three container terminals, Port of Newcastle CEO Craig Carmody says.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Mr Carmody told a Hunter Business Chamber lunch on Friday Newcastle had the “natural advantages” to become the first Australian east coast port that could service the maxi vessels.
He said Newcastle had the best and well-connected vacant port land on the east coast, a channel deep enough to support the largest container ships and easily accessible freight corridors – including the ability to bring trains “right to the water”.
“Building a fit-for-purpose container port means a terminal that is built around maxi vessels and rail – the two most efficient transport modes,” he said.
“We will run the most productive container terminal in Australia with the lowest carbon intensity. Most important - our port will give regional NSW a way to access the lowest container charges in the world.”