The T-Ports Difference
T-Ports’ infrastructure strategy centres on developing a more financially feasible ports model. This includes shallow water ports with a lower build cost and smaller environmental footprint requiring modest throughput, providing sound financial returns to investors.
This model means growers can access multiple small ports that can load vessels up to and including cape size. This allows product to be exported profitably, providing a great benefit to EP growers and South Australia.
The ports constructed by T-Ports will be multi-user and multi-commodity transhipment ports, with the first at Lucky Bay on Eyre Peninsula and a second under investigation for Yorke Peninsula. Lucky Bay’s development has been based on agricultural product and over time, will be expanded to allow export of local minerals.
One of the major longer-term changes anticipated is that some farmers will move to on-farm storage for the efficiencies it will generate for their businesses. This would generate supply chain cost savings by being able to deliver directly to port. This will occur through avoiding the up-country storage charges and using farmer-owned truck assets. This will take costs out of their businesses, making them more competitive against the ‘real’ competition – other grain exporting nations.