PORT of Brisbane has announced the establishment of a new container park project on Fisherman Island, to be used by global logistics operator Medlog.
The new facility is expected to be one of the world’s most automated container parks, incorporating high-end technology to deliver world-class operational and safety standards.
Under a 30-year lease signed this week, the 7.3-hectare site will support Medlog’s business expansion into Queensland.
Medlog is an international logistics and supply chain operator which handles over 15 million TEU annually across more than 70 countries.
It is part of the MSC group and has operated in Australia since 2008.
PBPL will develop the site to Medlog’s specific requirements for the storage and operations of both empty and fully laden containers.
The facility will also include sustainable design elements including a solar installation and the use of low carbon concrete, in line with PBPL’s standards for all property developments.
PBPL CEO Neil Stephens said Medlog will support Port of Brisbane as it aims to become Australia’s premier port and logistics hub.
“Medlog’s expansion into Queensland and its new home at Port of Brisbane speaks volumes about its confidence in the Port being the right place to support its long-term growth,” he said.
“Welcoming industry leaders such as Medlog plays a key role in ensuring the Port of Brisbane achieves this vision and continues to deliver for the Queensland economy and community well into the future.”
The new facility is expected to be operational by the third quarter of 2022.