The new shiploader, weighing over 1380 tonnes and standing over 54m high, has taken more than 18 months to complete. John Holland said when installed and operational the shiploader would boost coal-loading capacity at the Abbot Point terminal to a peak average rate of 7200t per hour. John Holland energy and resources general manager Brendan Petersen said the project was delivered on time and on budget, and exceeded delivery and safety targets.The shiploader construction contract forms part of a $287 million dual contract awarded to John Holland by North Queensland Bulk Ports in August 2008.In addition to the new shiploader, the Abbot Point X50 expansion marine works contract has resulted in John Holland constructing a second 500m long berth and associated jetty conveyor and transfer tower that will further expand export capacity at the terminal.