Australia’s busiest port sees rise in cargo volumes

The port of Melbourne is the busiest port in Australia and handles 3 000 ship visits annually.

Total container throughput at Australia’s Port of Melbourne has increased by 2.3% to 2.6 million TEUs in the 2016 fiscal year ended June 30, compared to the same period last year. 

According to the Port of Melbourne Corporation’s (PoMC) trade summary for 2015-16, full container imports increased  by 3.5%, while full container exports saw a decrease of 0.7%.

Furthermore, the port’s new motor vehicle trade grew by 6.6% to record its highest volume since 2010, handling 372 539 units as total overseas imports grew by 10.4%.

“Growth in the port’s two largest trade types, containers and new motor vehicles, means that Melbourne now handles over 7 200 TEUs and over 1 000 new motor vehicles on average every day,” said Nick Easy, PoMC CEO.

The port’s liquid bulk fluctuated throughout 2015-16 to record growth of 2.5% to a total of 6.3 million revenue tons.

Additionally, breakbulk throughput rose by 6.7% to 9.7 million revenue tons.

Dry bulk trade was the only cargo type to decline in 2015-16, decreasing 7.8% to 3.8 million revenue tons.

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