Trade figures for the nine months to 31 March 2011 show promising signs that the port is on track to exceed the trade and vessel records set last financial year.
A total of 25.38 million revenue tonnes passed through the port in the first nine months of the 2010/2011 financial year. This is an increase of 2.46 million on the 22.92 million tonnes for the same period last year.
These figures show that growth in the port is continuing. Port Kembla is a key driver to the Illawarra's economy. Strong trade through our port benefits families and businesses across the region.
The port's trade diversification also contributed to the positive result. Our local steel industry remains strong, with export of steel product up by 530,000 tonnes on last year.
In the first nine months of this financial year 2.48 million tonnes of local steel were exported from the port. Increased levels of steel production have led to increased raw material imports, which are up 0.69 million tonnes on the same time last year, reaching 7.87 million tonnes.
This increase in trade has also contributed to an increase in vessel visits.
In the nine months to March 2011, the port recorded 776 vessel visits, up by 19 for the same period last year.
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