Import and export records, revenue increases, and major dredging were key milestones reached in 2005/2006 by the Townsville Port Authority, according to the organisation’s annual report.

Just tabled in Parliament by the Honourable Paul Lucas, MP, Minister for Transport and Main Roads, the annual report showed the previous fiscal year was peppered with a range of trade, business, and financial successes.

Records are made to be broken
There were three import records set in 2005/2006. These were: sulphur (112,433 tonnes, an increase of 17.8 per cent on the previous year’s results); general purpose oil (807,875 tonnes, an increase of 4.99 per cent); and cement (469,159 tonnes, an increase of 18.7 per cent).

There were two export records set in 2005/2006. These were high analysis fertiliser (837,605 tonnes, an increase of 4 per cent) and plantation pine logs (139,315 tonnes, an increase of 175.3 per cent).

Maintenance
Just over $10 million was spent on maintenance works at the Port of Townsville during 2005/2006. This figure amounts to the most ever spent on port infrastructure maintenance in the Authority’s history. This is the fourth year in a five year maintenance program to bring infrastructure up to the highest possible standard.

Financial outcomes
Revenue from operating activities increased from $28.1 million in 2004/2005 to $29.9 million in 2005/2006. Operating Net profit was $2.18 million and net assets were valued at $159.4 million.

Commercial Port Operations
The port welcomed 35 naval ships and three passenger ships during 2005/2006. In total, 666 ships docked at the Port. The majority (268) were bulk carriers followed by general cargo vessels (236), tankers (116), vessels taking bunkers (28), and other vessels (18).

Download the 2005 - 2006 Annual report and summary from the Annual Reports page.