The Port of Newcastle and the Newcastle and Hunter communities are the main winners from the Federal Government’s announcement of a $260 million package to boost long term fuel security across the country. Port of Newcastle’s CEO Craig Carmody said the Port welcomed the announcement and was thrilled to be able to expand Australia’s diesel storage…
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.