MARKETS

Ferguson tells Tripodi to act on Newcastle port hold-ups

THEY might both hail from the Australian Labor Party, but Australian Resources Minister Martin Ferguson is not seeing exactly eye to eye with New South Wales Ports Minister Joe Tripodi over coal ship bottlenecks at the port of Newcastle.

Blair Price
Ferguson tells Tripodi to act on Newcastle port hold-ups

Following a recent review of the port by industry players and led by none other than former NSW premier Nick Greiner, Ferguson has reportedly asked Tripodi to resolve the bottleneck issue which has up to a dozen coal export vessels forced to wait off port.

Reported by ABC News Ferguson has written to Tripodi after the Greiner-led review.

A spokesman for the federal minister said the Rudd government was coming under pressure from the Japanese government over the matter.

Tripodi, on the other hand, is reportedly concerned the solutions provided by the review may lock out new players to the state’s coal industry.

However, Tripodi is also expected to soon announce a plan to tackle the shipping queue problem in Newcastle.

NSW Opposition ports spokesman Duncan Gray was supportive of Ferguson’s intervention, saying he displayed some common sense.

“It's a pity we can't see the same from Joe Tripodi," he said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions