Riordan Grain Services and GeelongPort have signed a four-year lease agreement for a 3,000-square-metre shed on Corio Quay North.
The on-site storage capacity is expected to improve grain exporting efficiency and provide more options for grain marketing.
Riordan Grain Services has worked well with GeelongPort over the last five years to build an export program for wheat, barley and canola from Victoria to markets including Japan, South America, New Zealand, the Philippines and Southeast Asia.
Since its first shipment in 2018 using a mobile bulk loading system, Riordan Grain Services has built up to an annual export program of close to one million tonnes of grain in 2024.
Riordan Grain Services Managing Director, Jim Riordan, said he was very pleased to secure the lease for the shed as it will provide critical capacity for the sophisticated logistics involved in export grain shipments.
“We have experienced growth in our business for more than 25 years, and this agreement with GeelongPort means that we can be more confident in making plans,” he said.
“This is a significant addition to our business that will also support jobs in Geelong and provide Victorian grain growers more choices for grain marketing.”
GeelongPort is a premier Victorian bulk port providing easy access to logistics routes for Geelong and south-west of the state’s supply chains.
GeelongPort CEO, Brett Winter, said the Port was proud of its longstanding relationship with the prominent local family-owned business.
“The benefits of Riordan’s operations on the state and economy are far-reaching, particularly in regional communities throughout Victoria, and GeelongPort is proud to be an important link in this incredible supply chain,” he said.
“By working together in a collaborative way, Riordan and GeelongPort have tackled a competitive market with an innovative and different approach to exporting grain.”
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