The Port of Melbourne will look to upgrade its rail capacity and upgrade its container handling equipment in a bid to improve throughput and its abilities as a national and international trade gateway, according to its 30 year 2050 Port Development Strategy (2050 PDS).
In a statement, the Port said it will is invest in 10 infrastructure projects to meet future population growth and demand.
These include upgrading and developing rail network and terminals at Swanson Dock to grow the volume of trade transported by rail, building a new Webb Dock Freight Link and associated rail terminal(s) and upgrading the existing Swanson and Webb Docks to handle vessels of 10,500 and 14,000 TEU respectively.
The Port announced in May that the Port Rail Transformation Project (PRTP) had been approved after all of the project’s preconditions were met.
Port of Melbourne CEO, Brendan Bourke says the 2050 PDS is a comprehensive plan for the future development of the Port, developed through consultation with stakeholders, and responds to Victoria’s future trade needs.
“Throughout the COVID-19 environment we have seen the essential role that freight plays in underpinning our economy and the critical role of the Port in operating 24/7, 365 days a year and delivering the goods Victorians and Australians need every day,” Bourke said.
“We are committed to our investment program to ensure we remain the premier container port in Australia, a cornerstone of the Victorian economy and a supporter of Australian exports.
“It’s vital that we all stay focused on the bigger picture – delivering the right infrastructure and operating environment to drive efficiencies in the supply chain so that we can continue to play our role in the state’s economic future.
“Moving containers by rail will help get trucks off local roads, particularly in the inner-west of Melbourne. We will continue to refine the 2050 PDS as new and additional information becomes available and we will refresh the document every five years.”
“As a city port, it’s important we maintain port buffers, and work with the community to minimise impacts on residents. This is a complex task as the port must be able to operate 24×7 to ensure we remain a competitive port, and continue to provide the vital imports and exports that our city and state
require,” Bourke concluded.