{"id":2778,"date":"2004-06-01T00:00:00","date_gmt":"2004-05-31T23:00:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2004\/06\/01\/melbourne-accelerating-dredging-programme\/"},"modified":"2026-08-27T15:25:11","modified_gmt":"2026-08-27T14:25:11","slug":"melbourne-accelerating-dredging-programme","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2004\/06\/01\/melbourne-accelerating-dredging-programme\/","title":{"rendered":"Melbourne accelerating dredging programme"},"content":{"rendered":"<p>This process has been given the blessing of the Indian authorities, who have given permission for foreign direct investment to be increased from 49% to 100%. The money raised via the share issue is needed to fund construction of a new dedicated container terminal which will have an annual capacity of 1.3m TEUs.<\/p>\n<p>Victoria state government is passing legislation to ensure channel deepening at the port of Melbourne can be concluded by 2007. The port, which handles 37% of the country&#8217;s box trade, expects to get the environmental go ahead for the project by the mid-year. At present, it can only be accessed via 12 metre draught Port Phillip Bay, preventing 30% of the world&#8217;s container vessels from calling. Once the $313.42m dredging programme is completed, draught will be increased to 14 metres.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This process has been given the blessing of the Indian authorities, who have given permission for foreign direct investment to be increased from 49% to 100%. The money raised via the share issue is needed to fund construction of a new dedicated container terminal which will have an annual capacity of 1.3m TEUs. Victoria state [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"sponsor":[],"class_list":["post-2778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oceania"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/2778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=2778"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/2778\/revisions"}],"predecessor-version":[{"id":2780,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/2778\/revisions\/2780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/2779"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=2778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=2778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=2778"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=2778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}