Threes no crowd for Victoria

The Victorian Government must work towards allowing a thirdcontainer stevedore to operate in the state, according to the EssentialServices Commission draft Review of Port Planning.

The commission has recommended that increased throughput would support a third stevedore by 2015 and competition benefits would result. Lead times for developing a new container terminal are around six years, and the commission’s capacity analysis suggests planning for developing new stevedoring facilities should start about 2008/09, as additional terminal capacity may be needed around 2014/15.