Port of Townsville Limited (POTL), Australia, has advised that a 5.5% increase will apply to port charges at the Ports of Townsville and Lucinda effective 1 July 2014.
The Lay-up Concession will continue to operate and its effectiveness will be monitored and reviewed through the Port Advisory Body.
More than $500 million has recently been invested in port and transport connections. Notably, the Townsville Port Access Road, upgrades of Berths 8 and 10 and channel and berth dredging works at the Port of Townsville have provided significant enhancements, providing overall benefits to supply chain efficiency and competitiveness.
Over next 12 months, POTL will continue to deliver a number of important port infrastructure investments that will further increase capability and competitiveness for our customers and takeholders, a number of these specifically targeted at improving competitiveness to attract diversified trades. These plans will be discussed through the consultative Port Advisory Body meetings.