The Latest Breaking News from Craig Carmody

Revolutionary sail-carrying bulk carrier bound for Newcastle

The federal government has been accused of erecting a wall of secrecy around the details of a $250million Port of Newcastle container terminal funding package.

The Port of Newcastle's diversification plans have taken a major step forward with the arrival of two Liebherr mobile harbour cranes.

A few decades, it was a lamented stretch of the harbour that looked unloved and was largely unpeopled, but these days residential and commercial buildings are sprouting along the foreshore at Honeysuckle, providing waterfront homes - and a point of debate.

Two large harbour cranes are bound for Newcastle from Germany, with the port's chief executive Craig Carmody hoping the facility not only lifts up to 40,000 containers a year but shifts attention onto the long running issue of the Port of Newcastle feeling constrained to build a larger terminal because…

The Morrison government came within 24 hours of unveiling a $250 million infrastructure package to support the establishment of a container terminal at the Port of Newcastle but dumped the commitment over concerns that it would be seen as promoting Chinese interests in Australia.

Taxpayer funding for Origin, Orica and others in Newcastle hydrogen studies

The federal government's $100 million investment in the development of Port of Newcastle's energy precinct will also supercharge plans to create a $3.1 billion hydrogen hub capable of sustaining 5000 jobs.