Search results for: Port of Melbourne

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  • 13 August 2014
    Business & Finance

    The Victorian Coalition Government has today announced the appointment of financial and legal advisers to oversee the market process for a medium term lease of Australia’s largest container port, the Port of Melbourne. “The financial and legal advisers will be involved project management, structuring for the transaction, due diligence, valuation and asset preparation” The Coalition […]

  • 23 December 2013
    Business & Finance

    The Victorian Coalition Government has announced that Nick Easy has been appointed as CEO of the Port of Melbourne Corporation, Minister for Ports David Hodgett announced today. “I am very pleased to announce the appointment of Mr Nick Easy as the CEO of the Port of Melbourne Corporation (PoMC), following the PoMC Board recommendation,” Mr […]

  • 25 December 2013
    Business & Finance

    The Victorian Coalition Government has announced that Nick Easy has been appointed as CEO of the Port of Melbourne Corporation, Minister for Ports David Hodgett announced on Monday. “I am very pleased to announce the appointment of Mr Nick Easy as the CEO of the Port of Melbourne Corporation (PoMC), following the PoMC Board recommendation,” […]

  • 13 August 2014
    Business & Finance, Equipment, Technology

    The Victorian Coalition Government has today announced the appointment of financial and legal advisers to oversee the market process for a medium term lease of Australia’s largest container port, the Port of Melbourne. The Coalition Government has appointed joint financial advisers Morgan Stanley and Flagstaff Partners to manage the transaction. Minter Ellison has been appointed […]

  • 12 March 2019
    Project & Tenders

    Bhagwan Marine has secured the Port of Melbourne Marine Maintenance Contract through a competitive tender process. The contract scope covers the inspection, reporting and maintenance of the Port of Melbourne’s infrastructure assets from the lower reaches of the Yarra River to Port Phillip Bay. Minor capital works are also delivered under the contract. Bhagwan will […]

  • 5 May 2014
    Business & Finance, Equipment, Technology

    The Victorian Coalition Government will lease the operations of the state-owned Port of Melbourne, to help fund a record state-shaping infrastructure program for Victoria. Treasurer Michael O’Brien and Minister for Ports David Hodgett said commercial advice received from the port scoping study had recommended a medium-term lease of the Port of Melbourne as the most […]

  • 22 May 2020
    Business & Finance

    The Port of Melbourne has just reported that their 2019/2020 dredging program is now complete. The company has presented a video about the dredging program, and how the dredging vessel, the Boskalis Magnor, is floated onto the semi-submersible Blue Marlin to be transported to its next destination. The port has ongoing dredging obligations to ensure […]

  • 17 September 2014
    Business & Finance

    Minister for Ports David Hodgett today announced three reappointments to the Port of Melbourne Corporation (PoMC) Board, as the Port Capacity Project continues. Mr Hodgett said that he was pleased to reappoint Chairman Mark Birrell and Directors David Cranwell and Janice van Reyk. “I’m pleased to announce these appointments at a critical time for the Port […]

  • 27 May 2015
    Business & Finance

    The Andrews Labor Government in Victoria, Australia is pushing forward with the lease of the Port of Melbourne for up to 50 years. Namely, the government has introduced legislation to enable the lease of Australia’s largest container port, the Delivering Victorian Infrastructure (Port of Melbourne Lease Transaction) Bill 2015, to the Victorian Parliament this week. The Prime Minister’s […]

  • 2 March 2010

    Approaching pre-GFC levels, total trade through the Port of Melbourne increased 9.5 percent in January compared with the corresponding month the previous year, according to the Port of Melbourne Corporation (PoMC).

  • 8 July 2016

    The sale of Australia’s port of Melbourne has entered the second round as the letters with details on the second stage of the process were sent out on Friday, The Australian reported. The bidders for the second round of the sale of a 50-year lease of the Port of Melbourne include two local bidding consortiums, namely, the Macquarie Capital-advised IFM, […]

  • 20 December 2007

    Royal Boskalis Westminster nv wishes to announce that it has acquired a major contract for deepening the entrance channel to the port of Melbourne in Australia. The project will be executed in an alliance with the Port of Melbourne Corporation. The work will take about two years and the contract value is approximately € 300 […]

  • 21 March 2005

    High-tech equipment capable of detecting bombs attached to the hulls of ships will be introduced as part of a major security upgrade of the Port of Melbourne. The Royal Australian Navy and the Port of Melbourne Authority planned to install sonar systems to monitor activity on the harbour floor and protect ships and facilities, The […]

  • 21 March 2016

    The Victorian government has launched the tender for the expression of interest for the 50-year lease of the Port of Melbourne in less than two weeks after the passage  of the Port of Melbourne Lease Transaction Bill 2015. Expressions of interest for the 50-year lease is the first step in shortlisting qualified parties, who will be invited to […]

  • 3 August 2015
    Business & Finance

    Dubai-based port operator DP World has managed to negotiate a new 50-year tenure deal at the Port of Melbourne at a fraction of the previously proposed 750% rent hike. The new lease arrangements for DP World Australia’s West Swanson Terminal include incremental rent increases over the course of the fifty year tenure commencing with CPI increments in 2015 […]

  • 3 August 2015
    Business & Finance

    Dubai-based port operator DP World has managed to negotiate a new 50-year tenure deal at the Port of Melbourne at a fraction of the previously proposed 750% rent hike. The new lease arrangements for DP World Australia’s West Swanson Terminal include incremental rent increases over the course of the fifty year tenure commencing with CPI increments in 2015 […]

  • 15 March 2005

    HIGH-tech equipment capable of detecting bombs attached to the hulls of ships will be introduced as part of major security upgrade of the Port of Melbourne. The Royal Australian Navy and the Port of Melbourne Authority planned to install sonar systems to monitor activity on the harbour floor and protect ships and facilities, The Age […]

  • 31 August 2016

    Total container throughput at Australia’s Port of Melbourne recorded its fastest growth rate since 2011-12, increasing by 2.3% to 2.6 million TEUs in the 2016 fiscal year ended June 30, compared to the previous year. Full container imports went up by 3.5%, while full container exports had a decrease of 0.7%. Furthermore, the port’s new […]

  • 26 October 2011
    Business & Finance

    Minister for Ports Denis Napthine welcomed a new chairman and a new board member to the Port of Melbourne Corporation. Dr Napthine said the new chairman Mr Mark Birrell and board member Ms Janice van Reyk, along with the existing board, would be tasked with continuing to build upon the solid foundation left by retiring […]

  • 9 November 2012
    Business & Finance

    Melbourne is set to welcome its largest cruise ship visitor this weekend when Royal Caribbean’s vessel, Voyager of the Seas, calls at Station Pier on Sunday morning on its maiden visit, Port of Melbourne Corporation (PoMC) announced today. With almost 4300 passengers and crew, Voyager of the Seas is the largest cruise ship to ever […]

  • 13 March 2020
    Business & Finance, Vessels

    The Victorian Ports Melbourne announced today the completion of dredging works at various locations within the Port of Melbourne. The dredging, which began in December 2019, was carried out to remove a build-up of sediment and to ensure port’s berths and channels are maintained for shipping. The works took place at the following locations: Swanson […]

  • 18 February 2014
    Business & Finance, Equipment, Technology

    New Zealand based company, Heron Construction, have been awarded the Port of Melbourne dredging contract, scheduled to commence in October 2014. More than 1.8 million cubic metres of material will be dredged with the backhoe Machiavelli. Heron Construction will work in conjunction with McConnell Dowell who will construct the new automotive wharf and waterside infrastructure […]