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Sydney Ports Corporation News

07 Sep 2012

Australian Port Industries Market Research Report

An updated IBISWorld market research report reveals opportunities for growth in Australian port trades. According to IBISWorld industry analyst Caroline Finch, “IBISWorld forecasts compound annual revenue growth of 2.3% over the five years through 2012-13”. In the current year, the industry is expected to grow 7.0% to reach $3.39 billion. The report indicates that atrong growth in the value of total merchandise trade has been the primary driver behind the Port Operators industry's solid performance over the past five years. The value of merchandise trade exports has grown faster than the value of merchandise trade imports because of high demand for commodity exports. As more cargo moved through Australia's ports, the industry gained more opportunities to charge for its port services.

31 Jul 2012

Australian NSW Ports to be Privatised

The New South Wales State Government plans to privatise Port Kembla & Port Botany to increase funds for infrastructure projects. Of the $500 million expected to be generated from the Port Kembla lease, $100 million will be spent on infrastructure in the Illawarra. The rest will be spent on other projects throughout the state. The port's potential privatisation was announced during last month's state budget. Sydney Ports Corporation will lose responsibility for most of the Port Botany precinct but will retain control of maritime security and emergency responses. The successful bidder should be known by December.

14 Nov 2008

Botany Bay Ship Pilot Training

Botany Bay was replicated for an Australian-first marine emergency training exercise that Sydney Pilot Service commissioned for four of its pilots. The wholly owned subsidiary of Sydney Ports Corporation recently conducted the new commercial Advanced Manned Model Pilot Training program at the Australian Ship Handling Centre at Port Ash. Participants had to pilot model ships, 1/25th the size of an actual ship, through simulated emergencies within the replicated Botany Bay. The bay was recreated using buoys, beacons, piles and temporary wharf lines.

03 Sep 1999

Planning, Not Technology, Is Key To Spill Avoidance

Good planning, and not super high technology is the key to fighting tanker oil spills, Ian White, managing director of London-based International Tanker Owners Pollution Federation Ltd. said last week. "There are technological limitations as to what you can do (to control oil spills). He said in a speech most spills from tankers occurred during routine operations such as loading, discharging and bunkering. But bigger spills involving more than 700 tons have resulted from collisions and groundings, he said. "You can use booms and skimmers to concentrate the oil, pick it up and remove it, but it tends to be quite inefficient, especially if the weather is not good," White said.