Australia set to privatise Fremantle port

Australia’s Fremantle Port is to be sold as part of a state sale from the Western Australian government in a deal estimated to be worth AU$5bn (US$4bn) it has been announced.

The decision to sell the container terminal and general cargo port was proposed as part of the state budget on May 15. The announcement follows the government’s decision last year to sell the Kwinana Bulk Terminal and Utah Point Terminal, and Port Hedland.

Ports Australia CEO David Anderson told IHS Maritime, said: “This is where our priorities have been located and where we have had some success with the government in securing acknowledgement for its infrastructure importance in terms of the effectiveness of our total supply chains.”