Friday 16th Nov, 2018

GPC trade down for FY 2017-18, but still strong

Photo: Andrew Mackinnon (aquamanships)
Photo: Andrew Mackinnon (aquamanships)

GLADSTONE Ports Corporation has reported a slight decrease in throughput for the 2017-18 financial year, with its three port precincts handling a combined 120.2m tonnes of cargo – a decrease of close to 1m tonnes on the previous year’s figures.

GPC Chairman Leo Zussino said the Port of Gladstone recorded a throughput of 119.3m tonnes, led by coal, liquefied natural gas (LNG) and alumina-related exports.

“67.1m tonnes of coal exports were facilitated by the Port of Gladstone, with rail disruptions impacting supply to the port earlier this year,” he said.

“Curtis Island exports also continued to grow, with 20.3Mt of LNG transported to Asia.”

Port of Bundaberg handled 565,637 tonnes of cargo over the year.

“Increased silica sand and wood pellet exports have set the foundation for future growth at the port,” Mr Zussino said.

“The Knauf plasterboard manufacturing facility has also contributed to significant import growth in gypsum.”

Ammonium nitrate was the main driver of trade at the Port of Rockhampton, which reported a throughput of 255,254 tonnes – its largest throughput since 2014.

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