Re: Alice Springs - Darwin contract signing this week

["Goldie" <goldicom@powerup.com.au>]

Watch Darwin Port bloom when the line is completed - as Brisbane Port is
blooming now.

Ships will hit the nearest port with SG from whatever direction they come -
and the main ports will be Darwin and Brisbane, followed by Fremantle.

Melbourne and Adelaide are too far round from either direction, and Sydney
not popular due demurage charges and other problems.

There is unlikely to be enough traffic for two lines though, don't believe
the East Coast inland route will go north of Brisbane once AS/darwin is in
place,

Goldie


"Colin Weaver" <colingw@my-deja.com> wrote in message
8sdpbi$fb7$1@nnrp1.deja.com">news:8sdpbi$fb7$1@nnrp1.deja.com...
> In article <fjsG5.69$QR.3321@news0.optus.net.au>,
>   dbromage@fang.omni.com.au (David Bromage) wrote:
> > Just heard on ABC Newsradio that the agreement to build the Darwin
> line is
> > to be signed this week. Chief Minister Denis Burke said that the
> contracts
> > will be ready tomorrow. He will be visiting Adelaide on Wednesday and
> the
> > Prime Minister is due to visit Darwin on Friday.
> >
> > Cheers
> > David
> >
>
> This is on the ABC news site at:
>
> http://www.abc.net.au/news/newslink/nat/newsnat-16oct2000-25.htm
>
> Of course, this is all symbolic and does little or nothing to bring the
> line to reality, as the article goes on to say:
>
> "Signing the contracts will not be the final hurdle for the project,
> which is still waiting for a private ruling from the Australian Tax
> Office, and for the banks to agree to lend the consortium the money it
> needs."
>
> My own opinion: I really can't see how this line will ever generate
> sufficient traffic to cover its costs, and would not be surprised to see
> the whole thing stall due to lack of finance. I hope everybody isn't too
> upset when this project fails to commence construction.
>
> --
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>
>
> Sent via Deja.com http://www.deja.com/
> Before you buy.