mutty,
with the port developer/operators operating on a take or pay basis it will be in their best interest to formalize agreements with capacity seekers before they make huge investments.
Queensland seeks to secure jobs and export growth for the future
Detailed commercial agreements are expected to be negotiated with the Preferred Respondents by mid-2012.
http://www.nqbp.com.au/index.cfm?newsID=25
all in my view anyway...