|
|
 |
 |
 |
|
 |
 |
|
China Boosting Port Botany Trade
Tuesday, June 29, 2010
For the eighth consecutive month, Port Botany has recorded record trade growth, due largely to growing China-Australia trade.
Ports and Waterways Minister Paul McLeay on June 29 released trade statistics showing trade performance for the financial year to May 2009/10 was 1.755 million TEUs, up 5.6% on the same period last year.
"In May 2010, Sydney Ports saw the eighth consecutive month of record container throughput, reaching over 152,500 TEUs (twenty foot equivalent units. This is an increase of 7.9% on the same month last year," Mr McLeay said.
"China represented over 60% of all volume into and out of the port and new services are being established by companies eagerto capitalise on this surging demand between Australia and China."
Mr McLeay said the recent arrival of COSCO's largest new container vessel, the Tian Jin He, and the Yang Ming shipping line's YM Antwerp were further demonstration of the strong trade relationships.
"Another new line PO Shipping (POS) is entering the Australian market offering a fixed weekly schedule, marketed as the China Australia Express.
"The POS Sydney was on her maiden voyage yesterday at Port Botany, berthing at DP World Terminal this afternoon," Mr McLeay said.
In mid July another new vessel will be on her maiden voyage as part of the Pacific International Line (PIL) fleet, the Kota Lumayan which will be deployed on the Sino Australia Service.
Mr McLeay said full imports for May 2010, were 73,500 TEUs, up 11.4% on the same period last year buoyed by growth in key sectors such as Machinery and Transport equipment (up 11.6%), an indication of continued growth in local and overseas machinery investment.
- Other imported commodities to grow significantly in May 2010 included:
- - Textile fabric - up 47.1%
- - Chemicals - up 14.9%
- - Paper products - up 9.8%
- Total full container imports for YTD May 2009/10 reached 866,400 TEUs, up 6.4% on the corresponding period last year.
Mr McLeay said full containerised exports in May were down 11.3% on last year.
"However, this has been partially offset by an increase in exports from Dairy products and eggs (up 232.1%), Iron and steel (up 33.3 %) and Textile fabrics (up 36.5%)," Mr McLeay said.
|
|
|
|
|
|
|
 |
|
 |
|
