The Port of Melbourne welcomed the Australian government’s support of the new A$125 million ($84 million) Port Rail Transformation Project (PRTP) to reduce truck movements, improve productivity and further enhance the Australian port.
Key elements of the Port Rail Transformation Project are:
Integrated Port of Melbourne provision of port rail land and assets — Port of Melbourne is restructuring the port rail land and asset commercial arrangements for leaseholders within the Swanson Dock East Precinct to provide rail land and assets on the same basis it provides wharf and road land and assets;
New on-dock rail terminal capacity — development of a new on-dock rail terminal at Swanson Dock East. Locating this new rail terminal next to the Swanson Dock East International Container Terminal will provide a lower-cost transfer of containers between rail and ships;
Improved rail terminal operation arrangements and transparency — new working arra