Babcock Infrastructure Delays Coal Port Expansion Three Months

By Jesse Riseborough

Feb. 12 (Bloomberg) -- Babcock & Brown Infrastructure Group, owner of Australia’s biggest coking coal export harbor, said a planned expansion of the port has been delayed by three months because of adverse weather conditions.

The expansion to a capacity of 85 million metric tons a year, from 72 million tons, is expected to be completed by June, Sydney-based Babcock said today in a statement to the Australian stock exchange. The previous schedule was for completion by March, it said.

To contact the reporter on this story: Jesse Riseborough in Melbourne at jriseborough@bloomberg.net