PORT of Newcastle has reported a “steady” trade over the first half of 2018, with the port handling 81.4 tonnes of cargo, valued at $13.5bn.
The port’s half-year trade report showed that project cargo; concentrates; meals and grains; and steel had been performing strongly over the past six months and volumes of said trade increased compared to the same period last year. Meals and grains exports increased 78% over the period and concentrate exports increased by 35%.
Imports and exports of project cargo increased by 15% and 37% respectively.
Port of Newcastle acting CEO Simon Gelder said the continued growth in project cargo cemented Newcastle’s position as the east coast’s port of choice for oversized cargo.
“Wind turbine shipments have continued to roll into the port over the past six months, along with oversized equipment to support the large infrastructure projects currently underway across New South Wales,” he said.
“Tunnel boring equipment for the Sydney Metro City and Southwest project is shortly due to arrive at our Mayfield 4 Berth. We are also expecting shipments of the rail assets for the Newcastle Light Rail project later in the year.”
Mr Gelder said the market was recognising the “distinct and competitive” advantages of Port of Newcastle.
“Customers are already benefiting from the Port’s close proximity to NSW’s northern, north-western, western and far-western catchment areas,” he said.
“Our uncongested berthside connections to the national road and rail networks means that our customers can also transport their cargo directly to-and-from the berth or the terminal.”
As the biggest coal exporting port in the world, Mr Gelder said it would continue to provide the stable base for Newcastle’s growth, along with other strategic development opportunities to support future diversification plans.
“These include the $33m Newcastle Bulk Terminal and the Newcastle Container Terminal – both of which will be transformational for the port, our customers and the local economy,” Mr Gelder said.