Fremantle Ports To Re-lease Container Terminals At North Quay

Fremantle Ports To Re-lease Container Terminals At North Quay

Western Australia Minister for Transport Rita Saffioti

Securing New Leases For Fremantle Ports’ Container Terminals

Victor P Taffa

  • New leases for the North Quay container terminals and new management agreement for North Quay Rail Terminal sought
  • McGowan Government committed to maintaining Fremantle Port as an operational port in public ownership
  • Leasing options provide certainty to industry while providing flexibility to implement Westport recommendations

Fremantle Ports is going to the market for the re-leasing of its 2 container shipping terminals on North Quay.

Current leases held by DP World and Patrick has been in place since 1996 and is due to expire in June 2019.

 

“Approach being taken provides a level of certainty for industry and flexibility to allow the Government to implement future Westport recommendations.” Minister for Transport Rita Saffioti said.

“As part of the process, we will be looking for proposals that will improve the efficiency of land transport movements of containers to and from the port that will benefit the community.”

Transport Minister Rita Saffioti announced today that the opportunity was being offered in an open market expression of interest process.

Intention is to grant new 7-year leases with options for extensions for 2 further periods of up to 7 years, at the discretion of Fremantle Ports and dependant on the outcome of the Westport: Port and Environs Strategy.

A new management agreement for the operation of the North Quay Rail Terminal will also be put in place through a parallel Request for Proposals process.

Container trade is of significant importance to Western Australia and it is essential that it continues to be serviced efficiently.

Initial 7-year lease term for the container terminals is considered appropriate and supportive of the Westport process.

Westport taskforce will make recommendations on the timing and triggers of additional container port facilities by the end of next year.