AusRAIL, Market Sectors

Plans for a second deepwater coal port in New Zealand

<p>Plans for New Zealand’s second export coal port at Marlborough’s Shakespeare Bay are proceeding quickly after Government approval for a new coal mine near Greymouth. </p> <p>Pike River Coal Company hopes to begin exporting coal from its mine near Greymouth through a new facility, which will be run by the Port of Marlborough, the <em>New Zealand Herald</em> reported (Monday, March 22). </p> <p>The new port, slated to cost at least $14m (A$12.3m), is being seen as a viable alternative to the the port of Lyttelton, to which most Westland coal is railed on the Midland Line for export. </p> <p>Coal would be mined, trucked to Greymouth, then barged around the coast to Shakespeare Bay, near Picton. </p> <p>Bulk carriers would load up at the deepwater Shakespeare Bay before taking the coal to the world’s steel mills. </p> <br />