History

History

About Dalrymple Bay Coal Terminal

The Port of Hay Point is currently the largest export bulk coal port in the world with a rated capacity of 129 million tonnes per annum (MTPA). Located 38 kms south of Mackay, it consists of two coal terminals - Dalrymple Bay Coal Terminal (DBCT) and Hay Point Coal Terminal (HPCT). The terminals are linked to the central Bowen Basin coalfields by a common electrified rail system operated by QR National Network Services, known as the "Goonyella system". The port is administered by North Queensland Bulk Ports ("NQBP") as the statutory Port Authority.

DBCT was established in 1983 by the Queensland Government as a common user coal export facility, meaning that the terminal receives, processes and ships coal for a multitude of coal  miners. This type of coal terminal infrastructure allows different miners to share the cost of export infrastructure without having to build their own individual coal terminals to process their coal. This model suits situations where an array of different mine producers are co-located over a relatively small area, producing different quantities and types of coal.

In 2001, the Government of Queensland, represented by Ports Corporation of Queensland (PCQ), now known as NQBP and DBCT Holdings P/L, a government owned holding company holding the equipment asset ownership but sub-leasing the terminal land from PCQ, awarded long-term leases of the terminal. 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 ("PSA").

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.  For the purposes of this website, "DBCT Management" will collectively stand for the leaseholder and related entities responsible for fulfilling the duties related to the DBCT lease and Port Services Agreement (PSA).

DBCT is an export coal terminal which is owned independently of miners and as such, aims to achieve the optimum balance of meeting terminal producer's sometimes conflicting needs for receiving, stockpiling and processing coal. The daily terminal operations and maintenance functions are sub-contracted to a third party operator know as Dalrymple Bay Coal Terminal Pty Ltd ("DBCT P/L"), a service provider owned by 5 of the DBCT Producers. This service is governed by an Operations & Maintenance Contract ("OMC") for which an optional third term was exercised by DBCT P/L in 2008 and is current for the next 5 years. This is the final extension under the existing OMC, although there are provisions to continue the Operator's term beyond the current expiry date (2014).

Initial construction commenced on Stage One of the DBCT in 1981 and was completed by 1983 at a cost of $250 million. The first ship was loaded at DBCT on 7 November 1983 and, one year later, Australia became, and has remained, the world's largest coal exporter. The major deposits at the mines that export coal through DBCT are black coal or ‘Bowen Basin coal' and comprise both coking and thermal coal types.

Designed with an initial capacity of 15 Million tonnes per annum (MTPA), DBCT's capacity has expanded significantly over the years as follows:

Expansion Stages as follows:

Inception 14.55 MTPA 1983
Stage 1 22.55 MTPA 1990
Stage 2 26.55 MTPA 1995
Stage 2A 28.55 MTPA 1997
Stage 3 33.55 MTPA 1999
Stage 4 37.55 MTPA 1999
Stage 5 45.50 MTPA 2002
Stage 6 54.50 MTPA 2003
DBCT 7X 85.00 MTPA 2009


Located close to the Bowen Basin, DBCT is ideally situated for coal handling and export, with a deep water port capable of further expansion and a shorter shipping time to overseas markets than southern competitors. It is ideally positioned to service existing and future customers. DBCT's close location to the Bowen Basin also reduces rail haulage costs. With world-class innovative technology for automated coal stacking and reclaiming, DBCT continues to be one of the most reliable coal export ports in the world. DBCT operates 24 hours a day and 365 days a year.