GeelongPort and Fortescue Future Industries (FFI) have signed a Memorandum of Understanding (Mou) to undertake a joint feasibility study to construct a green hydrogen production facility in Geelong, Australia.
The post GeelongPort and Fortescue join forces on hydrogen projects in Australia appeared...
US-based investing firm Stonepeak and Australian fund Spirit Supe announced the signing of a definitive agreement to buy 100% of Australia’s GeelongPort Pty Limited.
GeelongPort is Victoria’s second largest port located approximately 75 kilometers southwest of Melbourne within Victoria’s largest regional city, Geelong.
Under the terms of the agreement, Stonepeak, on behalf of its managed funds and accounts, will hold a majority 70% interest in the entity, and Spirit Super will have a 30% stake.
The...
https://container-news.com/stonepeak-and-spirit-supe-acquire-australian-port/
By the Australian Competition & Consumer Commission
The Spirit Super and Palisade Investment Partners Consortium (the Consortium) has withdrawn its request for merger clearance from the ACCC for its proposed acquisition of the Port of Geelong. The ACCC recently informed the Consortium that it continued to hold preliminary competition concerns needing more time to investigate and the Consortium subsequently decided to not proceed...
Brett Winter, Chief Executive Officer, GeelongPort, writes:
GeelongPort has undoubtedly had a huge year.
I am proud to say we are making our mark in positioning Geelong as an innovative and progressive port city and working hard to become Australia’s most sustainable bulk port.
Despite the challenges the year has placed upon us, I am incredibly proud of the GeelongPort team for keeping the port...
https://www.shippingaustralia.com.au/working-hard-to-become-australias-most-sustainable-bulk-port/
Contractors will soon commence major landside works on Australian operator Spirit of Tasmania’s passenger and freight terminal precinct in anticipation of its plann ..
Shipping Australia is delighted to welcome GeelongPort as our newest corporate associate member.
GeelongPort is a major driver of Victoria’s economy, managing over $7 billion of trade and generating over 1,800 jobs across the state. As Victoria’s premier bulk port and the state’s second largest port, GeelongPort handles 12 million tonnes of cargo and more than 600 vessel visits each year.
The importance...
https://shippingaustralia.com.au/geelongport-joins-shipping-australia-as-a-new-member/