Abbot Point 'facilitating growth on back of demand’
THE expansion of Abbot Point centres around "facilitating growth on the back of credible demand".
It's how North Queensland Bulk Ports commercial manager, commerce and trade Paul Crack described the venture, despite the downturn in the coal market.
"The volume is still in the market," Mr Crack said.
"It's just not sold with the same margin."
The Glencore-operated terminal is already exporting 23 different types of coal all over the world, to countries including China, India, Korea, Brazil and parts of Europe.
About 150 people are employed at the port, and unlike other ports which can have up to 20-30 ships waiting in line, the Abbot Point port tends not to have a queue.
It can also load ships faster than other places.
A 220,000 tonne Cape Vessel, a coal ship too large to fit through the Panama Canal so it has to go around Cape Horn, can be loaded in 15-24 hours even in winds up to 30 knots.
This speed offers a freight saving to ship operators.
While there had been concern the environmental impact statement had not included a tugboat facility, on a trip to Mackay on Monday State Minister for Mines Dr Anthony Lynham dismissed the worries. "The tugboat facility is not part of the EIS process at the current time," he said.
"The tugboats come out of Bowen Harbour and there's no change to that in the near future. The Abbot Point Growth Gateway project now await approvals from State Government.
- Abbot Point Growth Gateway Project: Approved by Federal Government to allow for dredging and dredging pools.
- Adani: Was awaiting dredging approval before moving ahead with plans for a new terminal. Adani will need to consult the public as they lodge these approvals.
Editor's note: Today's Daily Mercury newspaper quoted Paul Crack saying North Queensland Bulk Ports would facilitate growth "...on the back of incredible demand". However this was not correct, Mr Crack said "...on the back of credible demand".