Hong Kong’s Hutchison Port Holdings and French shipping group CMA CGM are among the four bidders shortlisted for the contract to build and operate a third container terminal at the Port of Melbourne, Australia.
Australian International Container Terminals, a consortium of International Container Terminal Services and Anglo Ports; and Qube Holdings are the other two organizations that have been pre-qualified to participate in the next round of the tender process.
The shortlisted companies are required to present their final proposals by September. Based on the second phase of the process, the Victoria state government authority plans to name the preferred bidder in early 2014 and launch the planned terminal facility by 2016.
“The high level of interest and caliber of companies shortlisted to build and operate the third terminal confirms the significance of this project and how much it is valued by the industry,” Victorian Minister for Ports David Hodgett said.
Part of the $1.6 billion port capacity project, the new terminal is expected to provide for an annual throughput capacity of 1 million 20-foot-equivalent units. The port’s development plans include automotive and on-dock inspection facilities, for which a separate bidding is under way.
Melbourne handled 2.58 million TEUs in fiscal year 2011-12, which ended June 30, 2012, up from 2.39 million TEUs in the previous year.