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Future Freight Networks : Yearbook 2016
30 YEAR PORT PLAN Tasports has developed a 30 Year Port Plan to guide state wide port development for the benefit of industry. With more than 99% of freight volumes moving in and out of Tasmania by sea, ports are a vital part of our transport system. As markets change, the development of our ports is key to meeting future freight demand. We have devised a clear plan to ensure any long-term developments that take place achieve the best value for our customers and broader industry. WHAT DO WE WANT TO ACHIEVE? Our objective is to provide economically sustainable ports to service Tasmania’s diverse freight needs over the next 30 years. We want to: • Meet customer expectations • Optimise port utilisation whilst continuing to cater for freight demand • Reduce infrastructure duplication without limiting growth potential • Minimise supply chain costs for industry • Meet financial expectations (upfront capital & operational expenditure) of our shareholder. KEY CONSIDERATIONS Our key considerations in assessing alternative strategies included: • Investment in ports and facilities as they currently stand • Investment required to meet future demand • Under-utilised capacity in the current ports system • Forecast freight demand over the life of the plan • Potential cost impacts to customers. This option recognises that there is both a diverse range of commodity types and ways to transport them, and gives us the opportunity to develop specialised ports for each. The geographic spread of imports and exports will be accommodated via existing natural gateways, which means we won’t need to invest in significant changes to the major landside road and rail links. It most closely aligns with our vision to provide economically sustainable ports to service the diverse needs of Tasmania over the next 30 years. The key benefits are: • Demand led • Cost synergies • Reduced infrastructure duplication • Flexibility • Supporting gateway industries. HOW WILL A MULTI-PORT SYSTEM WORK? Over the next 30 years, Tasmania’s ports will be required to import and export a diverse range of commodities, and continue to serve the needs of the community. To respond to a variety of different needs, we’ll have a variety of different ports. For more information please visit tasports2043.com.au 500398A_2of2_Tasmanian Ports Corp I 2242