Dalrymple Bay Coal Terminal Pty Ltd

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The Dalrymple Bay Coal Terminal Pty Ltd, also known as DBCT Management, operates the Dalrymple Bay Coal Terminal (DBCT), which is located 38km south of Mackay. DBCT Management is owned by Brookfield Asset Management of Canada. The terminal is leased from the state government.[1] (Immediately adjoining the Dalrymple Bay Coal Terminal is the Hay Point Coal Terminal, which is owned and operated by BHP Billiton.[2]

History

In 2001, the Government of Queensland, represented by the government owned holding company Ports Corporation of Queensland (now known as North Queensland Bulk Ports and DBCT Holdings) awarded long-term leases of the Dalrymple Bay Coal Terminal (DBCT), which was established in 1983 by the Queensland Government. The leases, which are for a 50-year term with a 49-year renewal option, were awarded to a consortium collectively known as Coal Logistics-North Queensland (CL-NQ). After an IPO in June 2002, the group became Prime Infrastructure. Following a further name change in 2005, the group became known as Babcock & Brown Infrastructure, with a satellite company known as DBCT Management responsible for managing the DBCT asset to the terms and conditions of the Port Services Agreement.[3]

In 2009, BBI changed back to Prime Infrastructure after which Brookfield Asset Management of Canada purchased 39% of the Prime Infrastructure Group and 49.9% of the DBCT interests. In November 2010, Brookfield Asset Management received approval to acquire the remaining stake of Prime Infrastructure and 100 percent ownership of DBCT.[3]

Contact details

Martin Armstrong Drive
Hay Point
Queensland
Australia, 4740

Postal address:
MSF283
Mackay, QLD, 4740
Australia
phone (61) 7 4943 8444
fax (61) 7 4943 8466
email enquiries AT dbct.com.au
Website: http://www.dbct.com.au/

Articles and resources

References

  1. North Queensland Bulk Ports Corporation, "Hay Point", North Queensland Bulk Ports Corporation website, accessed July 2010.
  2. BHP Billiton, "About BMA: Operations", BHP Billiton website, accessed July 2010.
  3. 3.0 3.1 "History: About Dalrymple Bay Coal Terminal," Dalrymple Bay Coal Terminal website, accessed March 2018

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