- About us
- IBJ Awards
- Free Sample
- Contact us
Port of Brisbane and Qube extend partnership
(Posted on 07/07/19)
Port of Brisbane Pty Ltd (PBPL), and the Australian logistics operator, Qube Logistics (Qube), have agreed to a 33-year extension of QUBE’s existing lease on Fisherman Islands, incorporating an expanded area, taking the total lease area to 36.2ha.
The 33-year extension takes the fixed lease period to 40-years and increases the total lease area by 4.88ha (adjacent areas) to support Qube’s long-term growth.
As part of the agreement, Qube will undertake capital investment into the existing and new lease areas and facilities within five years.
PBPL CEO, Roy Cummins, welcomed the agreement and said Qube’s commitment to continue operating at the Port for another four decades was testament to the operational and logistical benefits of being located on-island.
“As Port Manager for the next 90+ years, we are focused on working with existing and new customers: supporting their long-term growth and expansion plans to create shared value,” Mr Cummins said.
“Qube is a major operator in the ports and logistics industry, and their ongoing – and growing – presence here at the Port of Brisbane speaks to the important role the port plays in facilitating trade growth not just for our customers, but for Queensland.
“One of the Port of Brisbane’s industrial property strengths is our flexibility – we have one of the largest industrial landholdings in south-east Queensland. In addition to bringing new land online at our 224ha Future Port Expansion Area on Fisherman Islands, we also can offer available and configurable greenfield land spaces for medium-to-large developments, compared to a lack of industrial sites elsewhere in the region.”
John Digney, Director - Qube Logistics said, “Qube is excited by this opportunity to further commit to its long term investment in the Port of Brisbane. This will give us the certainty in Queensland to further develop our sites to provide market leading integrated logistics solutions by an Australian company.”
Port Milwaukee and The DeLong Company, Inc. celebrated the groundbreaking on a nearly $35-million agricultural... Read more
The Port of Gdynia has ended the first nine months of 2021 with an increase of 12.7% in total cargo... Read more
AD Ports Group has announced its financial results for the first half of the year ended 30 June 2021... Read more
PD Ports is delighted to have granted a new long-term lease to Diffusion Alloys at Teesport Commerce... Read more
HPC Hamburg Port Consulting, the leading logistics consultancy for ports, maritime and inland terminals... Read more
AD Ports Group, a leading facilitator of trade and logistics, has signed a new partnership agreement... Read more
The enormous grey and white building at the Europoort terminal in the Rotterdam Beneluxhaven is the... Read more
The Vancouver Fraser Port Authority has released the 2021 mid-year statistics for goods moving through... Read more
AD Ports Group, the leading global driver of trade and logistics, has signed a Memorandum of Understanding... Read more
PD Ports, the Statutory Harbour Authority for the River Tees, has successfully rolled out a Port Community... Read more