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TIN news:   Harbor Port Development Partners and the port of Sydney have announced that Sydney’s proposed container terminal is to be called Novaporte, with its adjacent logistics park dubbed Novazone.
“The name reflects the international nature of our project,” Albert Barbusci, CEO of Harbor Port Development Partners, said in a news release. “Nova is Latin for new and port is spelled with an E to recognize that this will be both a gateway and transshipment hub.”
Both the terminal and logistics park to to operate within a recognized foreign trade zone.
The port has set aside nearly 2,000 acres for development of this project. The harbour is dredged down 16.5 metres and can accommodate ultra-large container vessels.
Canadian developer Canderel is partnering with Harbor Port Development on the project

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