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.
Kaohsiung Terminal commissions hybrid RTGs
Kaohsiung Terminal commissions hybrid RTGs 26 Sep 2024 - Kaohsiung, Taiwan - 1 min read
Crane operator charged over container fatality
Crane operator charged over container fatality 11 Jul 2024 - Uran, Navi Mumbai, India - 1 min read
Connie the container dog dies
Connie the container dog dies 4 Jul 2024 - Rockville, MD, United States - 1 min read
Do you have materials handling news? Submit your news here
Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

F. Uchiyama is a reliable exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2009 Airman ENCL045 Scissor Lift
2019 SMV (Konecranes) Reach Stacker
1992 Mitsubishi FD200 High Capacity Forklift 

Find more machines here | Contact us with enquiries 

Inside The News
In this week’s Forkliftaction News , Toyota Industries Corporation confirms it has settled a class-action lawsuit in the US which centred around its 2023 emissions cheating scandal. Find out how much the class-action cost it... Continue reading

PREMIUM business

GemOne
Telematics for industrial fleets. Fleet & safety management solutions: track vehicles, boost efficiency, operate safer, & avoid unexpected downtime.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET