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

May 14
The 10th Phil Kelly OAM Perpetual Golf Challenge
Latrobe Golf Club, 8 Farm Road, Alphington VIC 3078 Format: 4 Ball Ambrose Thursday 14th May 2026 The 2026 SAL VIC Golf Day will be held on Thursday 14th May 2026 at the scenic Latrobe Golf Club.  Come along and enjoy a great course and scenery.  Latrobe Golf Club is a beautiful course in the...
May 19
New South Wales State Committee Parliamentary Luncheon
  New South Wales State Committee Parliamentary Luncheon PROUDLY SPONSORED BY        SUPPORT SPONSORS                                                                                  ...
Jun 3
Shipping Australia QLD 2026 Golf Day – 3rd June 2026
Shipping Australia QLD 2026 Golf Day On 3rd June 2026 @ 11:30 am – 7:00 pm $240.00 per Player – plus $320 per hole Sponsorship available Join friends and colleagues for an enjoyable day, followed by dinner at the 2026 SAL QLD Golf Day! The Golf Day will once again be held at the Wynnum...

Latest News

Freedom of navigation is not negotiable – IMO Sec Gen tells UN Security Council
IMO Secretary-General Mr. Arsenio Dominguez has called on member states of the United Nations to uphold the principle of freedom of navigation and reject any imposition of tolls, fees or discriminatory transit measures for passage through straits used for international navigation. Addressing the UN Security Council on Monday 27 April, the topic of ‘The safety...
Major IMO environment to conclude today; IMO Net Zero framework is contested
The IMO’s 84th Marine Environment Protection Committee meeting started at the Albert Embankment,  in London, earlier this week. IMO Secretary General Arsenio Dominguez urged Member States to find convergence and make meaningful progress on the IMO Net-Zero Framework to cut global shipping emissions, and set an example of effective multilateralism, however, specialist shipping fuel media...

Latest Magazine

Shipping Australia – Annual Review 2025
January, 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