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By Mike Wackett
The chief executive of Victoria International Container Terminal (VICT) has written to the Victorian government requesting its intervention with Port of Melbourne over the delay in approval for berthing 8,000 teu vessels at its new Webb Dock facility.
Australian ports are under increased pressure from container shipping lines to upgrade their container terminals to accommodate bigger box ships, deployed to reduce costs.
Cascading on north-south trades is accelerating as vessels on east-west tradelanes are replaced by ultra-large tonnage.
VICT, owned by Philippines-based International Container Terminal ...
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