Denis Napthine News

Port of Melbourne Plans Large Expansion

Premier Ted Baillieu and Minister for Ports Denis Napthine announce trade figures at the Port of Melbourne surged in the 2011-12 financial year with a 9.1 per cent overall increase at Australasia’s busiest container and general cargo port. Mr Baillieu said in the 2011-12 financial year total port trade grew to 87 million revenue tonnes up from 79.7 million revenue tonnes in the previous year. Dr Napthine said the Port Expansion Project would ensure the Port of Melbourne continued to be a key economic asset for the state for many decades to come. “The Port of Melbourne is an absolutely critical component of the Victorian economy, directly supporting about 14,000 jobs and many more indirect jobs throughout the state.