Expansion
The Port of Brisbane is currently under a large upgrade and extension spending A$50 million on infrastructure and a further A$100 million on equipment including over 25 automated straddle carriers owned by Patrick Corporation.
In January 2008, Port of Brisbane Corporation signed an agreement with Brisbane Container Terminals, a wholly owned subsidiary of Hutchison Port Holdings, subsidiary of Hutchison Whampoa, which Hutchison will operate berths 11 and 12 for 42 years.
Read more about this topic: Port Of Brisbane
Famous quotes containing the word expansion:
“We are caught up Mr. Perry on a great wave whether we will or no, a great wave of expansion and progress. All these mechanical inventions—telephones, electricity, steel bridges, horseless vehicles—they are all leading somewhere. It’s up to us to be on the inside in the forefront of progress.”
—John Dos Passos (1896–1970)
“The fundamental steps of expansion that will open a person, over time, to the full flowering of his or her individuality are the same for both genders. But men and women are rarely in the same place struggling with the same questions at the same age.”
—Gail Sheehy (20th century)
“Every expansion of government in business means that government in order to protect itself from the political consequences of its errors and wrongs is driven irresistibly without peace to greater and greater control of the nation’s press and platform. Free speech does not live many hours after free industry and free commerce die.”
—Herbert Hoover (1874–1964)