Port of Newcastle opens new container and bulk services capabilities in latest diversification initiative

Port of Newcastle opens new container and bulk services capabilities in latest diversification initiative

Port of Newcastle has commissioned two new mobile harbour cranes as part the Port’s ongoing commitment to diversification and a sustainable future.

The cranes were opened by Port of Newcastle CEO, Craig Carmody, and Macquarie Group Managing Director and Chief Executive Officer, Shemara Wikramanayake.

With the mobile harbour cranes in their final stages of commissioning, and terminal expansion underway, the cranes will commence cargo and container handling this month.

With an outreach of 54 metres, and a lifting capacity of 104 tonnes, Craig said the $32.4 million crane investment marks a significant increase in an expanded and improved container, break-bulk and project cargo handling capability for customers at Port of Newcastle.

“For Port of Newcastle, the arrival of the mobile harbour cranes marks a significant step forward in our aim to diversify for the future,” Craig said.

It follows the announcement last November of the Port partnering with Macquarie’s Green Investment Group to support the development of a hydrogen economy in the Hunter Region.

The Port of Newcastle Hydrogen Hub, part of a broader clean energy precinct, will initially be underpinned by a large electrolyser and ammonia loop providing green product for domestic decarbonisation that is supported by a range of Project Partners including SnowyHydro, Jemena, Keolis Downer, Lake Macquarie City Council and Idemitsu.

The first stage of $3 million feasibility study into the development of a green hydrogen hub at the Port has now been concluded.

Shemara said diversification represents a significant opportunity for the Port.

“As the gateway to the second largest city in New South Wales, the Port will continue to play a key role in the future of the Hunter as a key region for economic growth,” Shemara said.

Macquarie manages a 50 per cent shareholding in the Port of Newcastle on behalf of investors and is assisting the Port in its strategic realignment away from its historic reliance on coal export.

The Green Hydrogen project includes a partnership with the University of Newcastle to boost innovation and drive research commercialisation in the region.

“The new container and bulk services initiative, together with the broader clean energy precinct, represents a significant opportunity for the Hunter region to diversify, decarbonise and support the development of jobs in emerging industries,” Shemara said.

Craig said the official opening of the mobile harbour cranes, which will begin operating next month, was an opportunity to reflect on the shared vision of the two organisations for an exciting future.

“When you are known nationally and internationally as the world’s largest coal port, change is always going to be like turning a large cargo ship in the harbour, a measured transition in tandem with the broader economy, but with the right tools around you the end goal can be achieved,” Craig said.


IMAGE | Ribbon cutting by Macquarie Group Managing Director and CEO, Shemara Wikramanayake and the winners of Port of Newcastle’s Name Our Cranes Competition, Archie Threadgate and Ollie Rawson.

Port of Newcastle

Port of Newcastle is a major Australian trade gateway handling 4,600 ship movements and 166 million tonnes of cargo each year. Its annual trade worth more than $29 billion to the New South Wales economy, enabling businesses across the state to successfully compete in international markets.

With a deepwater shipping channel operating at 50% of its capacity, significant port land available and enviable access to national rail and road infrastructure, Port of Newcastle is positioned to further underpin the prosperity of the Hunter, NSW and Australia.

As custodians of the region’s critical asset, Port of Newcastle is diversifying its trade as it strives to create a safe, sustainable and environmentally and socially responsible Port that realises its potential.  


Trending Articles

Advertise with us

Affordable and engaging advertising to a business community

Submit an article

Tell your story to the Hunter business community

Does your business need a little help with its marketing?

Marketing strategies

This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.