Industry Analysis & Industry Trends
The industry's port operations vary from general cargo and container ports located near major population centres to remote bulk commodity operations near mining sites. The industry depends on international trade, with merchandise imports and bulk commodity exports key drivers of industry activity.
As more cargo has moved through Australia's ports in the past five years, operators have announced expansion plans and found themselves in a position to raise rates to fund them. The industry has grown robustly in the past five years, at a forecast compound annual rate of 11.7%. In 2013-14, industry revenue is forecast to increase by 2.4% to $3.7 billion. Over the past 10 years, the expansion in the Mining division has propelled revenue in the Port Operators industry to new heights... purchase to read more
Industry Report - Industry Products Chapter
Ports in Australia are largely owned by state and territory governments. Ports fulfil two main functions: bulk-commodity ports are used for the export of raw materials overseas and imports of bulk liquid cargoes (such as fuel), while general-cargo ports handle mostly containerised cargo. Capital city ports tend to blend the two functions, handling inputs for production and fuel alongside general cargo.
Port authorities are entrusted with overall port management and ensuring that there is adequate infrastructure both on water and on land to handle anticipated cargo flows. A port operator contracts with the port authority to move cargo through a port... purchase to read more