March 12, 2021

Investment certainty amid uncertain times; a skillful balancing act

Pictured: the city of Melbourne at night; Credit Alexis via UnSplash

Shaun Mooney, Executive General Manager (Commercial), Port of Melbourne writes:

At Port of Melbourne this year, efficient port operations have been maintained despite the challenges. The port, supported by its tenants and customers, continued to handle more than a third of the country’s container trade volumes despite Victoria being severely impacted by the global coronavirus pandemic, just months after a bushfire disaster.

The response has shown more than ever that the port freight sector is fundamental to the nation’s economic sustainability.

It is equally important to look to future growth, and make the necessary plans. In October 2020, following extensive and productive consultation with industry, community and government, Port of Melbourne released the final version of its 2050 Port Development Strategy, a comprehensive roadmap that includes 10 major infrastructure projects and entails capital expenditure of some $1.5 billion over the coming decades.

Some key parts of the 30 year Port Development Strategy are already underway.

Our Big Ship Strategy, which responds to the global trend of increased size and capacity of container ships, has already invested around $20 million to install new 150 tonne bollards at Swanson Dock East and West, and undertake an enhanced dredging programme.

Find out more about investment plans, particularly rail investment plans, at the Port of Melbourne.

Editor’s Note: the above article has been lightly edited.

Facebook
Twitter
LinkedIn
Email

Search

Become a Member

Membership is open to all ship owners, operators and agents both Australian and International providing services to or within Australia.

Upcoming Events

Oct 10
Industry Gala Night 2026
Industry Gala Night 2026 – A Masquerade Affair Shipping Australia Limited Queensland is delighted to announce the return of our highly anticipated Industry Gala Night 2026. Following the outstanding success of last year’s sold-out event, we are excited to once again bring together industry leaders, valued partners, sponsors, and supporters for an unforgettable evening of...
Sep 3
SAL’s New South Wales State Committee Spring Luncheon
PROUDLY SPONSORED BY MAIN SPONSOR  SUPPORT SPONSOR    GUEST SPEAKER The Hon. Natalie Ward MLC Shadow Minister for Transport and Roads Deputy Leader of the Liberal Party Sydney Harbour Marriott on Pitt Street, Sydney CBD Thursday, 3 September 2026 1200hrs for 1230hrs  

Latest News

FONASBA’S annual meeting to take place in Tokyo in October!
This year in Tokyo, FONASBA’s 2026 Annual Meeting (11-14 October) programme will feature engaging plenary sessions with leading international and local speakers, exploring current challenges and opportunities in shipping, logistics, and maritime policy. There will be ample opportunity for networking, allowing participants to build new relationships and deepen existing ones. We are especially pleased to...
Shipping Australia is disappointed with Pilbara Ports fee hikes and non-transparency, and the lacking response of Western Australian Ports Minister Dawson
Shipping Australia is disappointed with the ongoing fee hikes at the Pilbara Ports Authority and the response of the Hon Stephen Dawson MLC, WA Minister for Ports. Shipping Australia is also disconcerted by the ongoing fee hikes for services across Australian ports, which are often large, imposed out-of-cycle, and at short notice. In relation to...

Latest Magazine

Shipping Australia Winter 2026
June, 2026

Subscribe to the Signal Newsletter

Be the first to know about releases and industry news and insights or catch up on any editions you missed.

Search