The Port of Melbourne Corporation is keeping its fingers crossed that a controversial plan to dredge the shipping channel will receive approval from recently appointed Environment Minister Peter Garrett.
A spokeswoman said Mr Garrett has been locked in talks with advisers in Canberra to formulate the details for the A$1 billion (US$906.74 million) project's environmental management plan to ensure the 16 extra conditions he placed on the project will come to fruition, a report by the Melbourne Herald Sun said. The report said the delay in the dredging has cost the Port of Melbourne Corporation A$1 million so far amid calls from industry members to scrap all or part of the planned works. However, global port operator DP World, with five container terminals in Australia, is urging the project be given the green light, after its Australia managing director, Jack Williams, said further delay would leave Australia with infrastructure unable to meet international shipping needs.
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