Flinders Ports acquires sole ownership of container terminal

News Story
- 5 Jul 2012 ( #572 ) - Adelaide, South Australia, Australia
1 min read
Flinders Ports has acquired full control of the Adelaide container terminal.
Flinders Ports has acquired full control of the Adelaide container terminal.
Private port operator Flinders Ports has acquired full control of the Adelaide container terminal, which handles around 260,000 containers a year.

The deal, announced earlier this week, sees Flinders purchase 60% of the business from DP World South Australia, to add to the 40% it acquired three years ago.

Full ownership takes effect immediately, with the business to be renamed Flinders Adelaide Container Terminal.

"We are delighted with the acquisition as it now provides a seamless operation across the port and allows for integrated infrastructure planning," says chief executive officer Vincent Tremaine.

"In recent years, we have invested heavily in the container terminal and the general surrounds.

"In 2005, Flinders Ports joined forces with the state government in a $45 million commitment to deepen the main shipping channel to give larger ships access to the container terminal.

"We have also redeveloped the container terminal's berth precinct, including extending its length so two of these larger vessels can berth concurrently."

Flinders Ports is the private operator of the Port of Adelaide and six other SA ports.
Hangcha Forklift announces success at Chicago's PROMAT 2023, with 20 units showcased from Hangcha’s full line of material handling equipment.
Delta will be attending both ProMAT and LogiMAT 2023 to showcase its power and automation products and solutions for smart logistics.

Fact of the week

Sweden has 221,831 counted islands, about 24,000 of which are open to the public through the country's Right of Public Access policy, which allows anyone to hike through lush forests and fields, and forage for berries or mushrooms without asking landowner permission, so long as they show respect for the natural environment and private property.

Latest Jobs

Lakewood, WA, United States
Elizabethtown, Kentucky, United States
Olathe, Kansas,, United States
Pompano Beach, Fl, United States
Chicago, IL,, United States ProMat 2023, which wrapped up last week at McCormick Place in Chicago, Illinois, was held against a backdrop of intense interest in supply chain technology. Organisers say this was...
Helsinki, Finland Kalmar’s first heavy electric forklift, due for delivery Q4 2023, will help Austrian rail logistics service provider Innofreight Solutions achieve a target of carbon neutrality by 2040. Kalmar Austria...

Next Editorial Features

SMART ATTACHMENTS - March 2023
DRIVERLESS/AUTOMATED MATERIALS HANDLING - April 2023
Atlanta, GA, United States Liebherr’s largest multi-purpose crawler crane is currently in operation in Atlanta, Georgia. Purchased by Full Tilt Crane Services (FTCN) as a response to the changing market, the LR 1400...
Helsinki, Finland Kalmar’s first heavy electric forklift, due for delivery Q4 2023, will help Austrian rail logistics service provider Innofreight Solutions achieve a target of carbon neutrality by 2040. Kalmar Austria...

Latest Jobs

Olathe, Kansas,, United States
Milan, IL, United States
Pompano Beach, Fl, United States
Elizabethtown, Kentucky, United States

In the Discussion Forums

- andrew_k, United Kingdom