NSW plans big spend…

The New South Wales Government is remaining similarly silent about the shortlist of bidders for the 99-year leases of Port Botany and/or Port Kembla but the Australian financial press is not so coy.

The New South Wales Government has announced the next round of tenders for the A$800M Port Kembla Outer Harbour Expansion Project, despite increasing opposition to plans to sell a 99-year lease of the entire port.

The New South Wales government has performed a U-turn and declared that the state’s next international container port will be Port Kembla.

The New South Wales Government is trumpeting the success of Sydney Ports’ efforts to tame its infamous problem child, Port Botany landside congestion.

Asciano’s Patrick will substantially improve its competitiveness in Port Botany after parent Asciano and Sydney Ports Corporation (SPC) early this month signed commercial agreements for the development and expansion of Patrick’s Brotherson Dock terminal.

Container lines have begun to impose congestion surcharges on cargo using Sydney’s Port Botany in a move they say will only go part of the way towards recovering additional costs.