Newcastle Handcuffs Off
The recently enacted Port of Newcastle (Extinguishment of Liability Bill) 2022 opens the door for the removal of restrictions placed on the Australian east coast port that have prevented it from entering the theatre of container operations.
In 2013 the New South Wales State Government applied a TEU cap to the port with the objective in mind of focusing container traffic on the port of Botany Bay and to a lesser extent Kembla. It is anticipated that the port of Newcastle, better known for coal export operations, will revive plans to attract investors interested in establishing a container terminal operation.
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