Trade Report for Quarter One FY2024
As an island state, Tasmania is almost wholly reliant upon maritime trade to sustain its communities and economy.
Posted
10 November 2023
As an island state, Tasmania is almost wholly reliant upon maritime trade to sustain its communities and economy.
Posted
10 November 2023
As an island state, Tasmania is almost wholly reliant upon maritime trade to sustain its communities and economy.
TasPorts operates a network of 11 ports strategically located around the State. With a diversity of locations and operations, TasPorts has a proud history of facilitating Tasmania’s existing and emerging industries through its operations, services and infrastructure.
During Quarter One (Q1) FY2024, TasPorts has continued to proudly facilitate freight and trade for the benefit of all Tasmanians.
Total tonnes transited through Tasmania’s multiport network for Q1 are 3.4 million tonnes. These volumes reflect a 5.2 per cent decrease as compared to Q1 FY 2023, due to reduced demand for forestry, fuel, industrial and mining commodities.
Total Twenty-foot Equivalent Units (TEU) transited during Q1 was 151,854 TEU. This represents a three per cent increase, with volumes consistent with year-on-year expectations in container trade growth.
The primary ports of Burnie and Devonport continue to dominate market share for containerised freight, with 49.4 per cent and 43.5 per cent respectively transiting these northern ports.
Tasmania's top three containerised goods by commodity group are General Cargo, Empty Containers, and Foods.
During Q1, 555 vessel visits were managed through TasPorts Vessel Traffic Services (VTS). Of these, approximately 70 per cent called at the primary ports of Bell Bay, Burnie and Devonport.
Tasmania has re-established its position as a successful and popular cruise ship destination.
In September 2023, the first cruise vessel for the 2023-34 season called at the Port of Hobart.
From late October onwards, TasPorts looks forward to warmly welcoming more than 150 cruise vessels to ports around the State.