Industry Analysis & Industry Trends
The Port Operators industry provides general cargo and container ports generally located near major population centres or remote bulk commodity operations near mining sites. The industry depends on international trade, with merchandise imports and bulk commodity exports key drivers of revenue. As more cargo has moved through Australia's ports over the past five years, operators have invested in expanding port facilities, raising rates to fund these expansions. Industry revenue is expected to grow at a robust compound annual rate of 9.4% over the five years through 2014-15. In 2014-15, revenue is forecast to increase by 5.0%, to $3.5 billion. Over the past 10 years, expanding output volumes from the Mining division have propelled industry revenue to new heights... purchase to read more
Industry Report - Industry Investment Chapter
The Port Operators industry is highly capital-intensive, with a large amount of capital expenditure required to establish port operations. The industry spends approximately $1.18 on capital for every dollar spent on labour. The high level of capital intensity comes from the significant capital costs associated with constructing and maintaining wharves.
Over the past five years, capital investment has risen, especially at bulk export ports. This has been due to demand from miners and petroleum producers. The most notable expansions have occurred at Port Hedland in Western Australia and Port Gladstone in Queensland. The level of capital intensity has also risen due to a falling share of revenue being spent on labour... purchase to read more