Port of Newcastle faces coal revenue cliff after 2014 deal

Where does the port fit into 21st century Newcastle?

When the port of Newcastle was privatised in 2014 the successful bidders bought two ways to earn money.. First, they were given the right to clip the ticket of every cargo vessel, mainly carrying coal, that traversed the harbour.. Second, they were given the rights to collect rent from tenants of 790 hectares of portside land..