The Port of Melbourne Corporation announced on May 1st, 2013, a shortlist of bidders to build and operate Melbourne's third international container terminal.

"The $1.6 billion Port Capacity Project is a critical infrastructure project that will drive competition and fundamentally enhance Victoria's future economic growth," Mr Hodgett, Minister for Ports, said.

Melbourne's third international container terminal bidder shortlist for request for proposal includes:

• a consortium comprised of CMA CGM S.A. - ANL Container Line Pty Ltd and Macquarie Specialised Asset Management Limited;
• Australian International Container Terminals Ltd (AICTL) - (a consortium comprised of International Container Terminal Services Inc. (ICTSI) and Anglo Ports Pty Ltd);
• Hutchison Port Holdings (part of Hutchison Whampoa Limited); and
• Qube Holdings Limited.

The shortlisted bidders will be required to lodge their proposals in September this year and it is expected that the successful bidder will be announced in early 2014.

"The high level of interest and calibre of companies shortlisted to build and operate the third terminal confirms the significance of this project and how much it is valued by industry," Mr Hodgett said.