Sydney has set aside nearly 2000 acres for the terminal development and its adjacent logistics park, which will be called Novazone.<\/p>\n
It is believed that the rebranding will lead to announcements later this year about the contraction of the major, ultra-modern container terminal.<\/p>\n
Albert Barbusci, chief executive officer of HPDP, said: \u201cNova is Latin for new and port is spelt with an E to recognise that this will be a gateway and transhipment hub.\u201d<\/p>\n
\u201cWhen completed Novaporte will be the most modern, efficient, lowest cost and greenest port in America,\u201d he added.<\/p>\n
The terminal\u2019s goal is to host ultra-large container ships with capacities of 16,000 TEUs and above.<\/p>\n
HPDP is being partnered by Canadian developers Canderel for the project. While Cape Breton Regional Municipality has granted the HPDP exclusive rights to market and develop the port.<\/p>\n
Representatives believe that the rebranding differentiates the container project from other projects at the Port of Sydney.<\/p>\n
But, there are many components to the project which are still required, including; a contractor, a shipping line, a terminal operator and a financier.<\/p>\n
Canadian and offshore funding partners are said to have been identified and building partners already include China Communication Construction Company and American corporation Bechtel.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Harbour Port Development Partners (HPDP) and the Port of Sydney have announced its proposed new container terminal will be known as Novaporte.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"sponsor":[],"class_list":["post-4426","post","type-post","status-publish","format-standard","hentry","category-oceania"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4426","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=4426"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4426\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=4426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=4426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=4426"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=4426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}