MARKETS

Queensland ports record growth

THE Ports Corporation of Queensland (PCQ) has posted record trade growth for the 2000-2001 year - the sixth year running.

Staff Reporter

PCQ chairperson Leonie Taylor said the excellent result particularly reflected the market growth experienced by Queensland mineral producers. Taylor said that in 2000-01 PCQ’s ports collectively handled 96.78 million tonnes of cargo, up by 7.72% on the previous year.

“This represents over half of the total trade through Queensland’s port system and makes PCQ Australia’s largest port authority by tonnage throughput.”

The Corporation’s Dalrymple Bay Coal Terminal (DBCT) at the Port of Hay Point exported 40.73Mt of coal, representing a record and up by 11.57% over the previous year.

The privately-owned Hay Point Services Terminal at the port also set a new record of 28.65Mt, helping the total throughout for the port to a new record of 69.38Mt, up by 7.56% over the previous best in 1999-2000.

Port trade records were also set at Abbot Point, with coal exports up by 18.8% on 1999-2000 to 10.56Mt.

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