THE Port of Portland is in the early stages of planning for a possible new terminal to cater for growing competition within the grains industry.
Port chief executive officer Jim Cooper said the port had called for expressions of interest from the industry regarding facilities needed at the port.
Those expressions of interest close at the end of this month.
Mr Cooper pointed to recent developments at the ports of Newcastle and Port Kembla in New South Wales as to the rapid changes happening within the industry.
A new agri-terminal has recently opened at Newcastle, the first new grain terminal to be built in New South Wales for about 25 years, while there are plans to build another new terminal at Port Kembla.
Mr Cooper said there was growing competition within the industry as the export monopolies enjoyed by GrainCorp on the east coast of Australia, Glencore Viterra in South Australia and the CBH Group in Western Australia were being broken.
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