Port of Townsville Limited has recorded strong trade growth in the first quarter of the 2017/18 financial year compared to the same time last year in containerised & general cargo (+135%), motor vehicles (35%), molasses (+45%), sulphur (+26%), live cattle (+21%), petroleum (+16%) and fertiliser (+7%).
More than 20,000 containers were handled at the Port of Townsville between July and September, up more than 8,000 TEU’s (twenty foot equivalent unit) on the same time last year, breaking trade records.
Port of Townsville acting Chief Executive Officer Claudia Brumme-Smith said that the increased trade numbers across several commodities was encouraging.
“The Port’s trade figures mirror what’s happening in the regional economy and the last 18 months have been particularly challenging for us,” said Ms Brumme-Smith.
“Townsville Port’s figures for container trade are very exciting, as are the continuing record-breaking molasses exports, and live cattle exports are up more than 20% on the same time last year,” she said.
“Port of Lucinda is having another bumper year so far, exporting nearly 250,000 tonnes of sugar, up 40% on the same time last year.”
“Over the past six months we’ve seen definite green shoots for a recovery, which is reflected in the container movement figures and our bulk cargo export forecast.”
“We will see two new mining operations commencing mineral concentrate exports out of Townsville in the near future which is exciting.”
“Townsville Port is also seeing the benefits of five container lines servicing our region - Mariana Express Lines, Sofrana, Kyowa Shipping, Swire Shipping and ANL.”
“More shipping lines means more services for our customers and better frequencies to Papua New Guinea, South East Asia, China and Japan; with good connectivity to all global ports.”
“Between now and the end of the year, Townsville Port has a container ship service leaving for Asia every week.”
“Exporters and importers, particularly agricultural producers, are looking for fast transit times between destinations and the quicker they can get their cargo to its destination the better.”