Soaring profits for key port operator
Total throughput facilitated through NQBP’s ports was 177.5 million tonnes via the ports of Hay Point (118.32 million), Abbot Point (28.9 million), Weipa (27.34 million) and Mackay (2.91 million).
This was consistent with the previous year, apart from Port of Weipa – where the throughput declined significantly, largely due to exceptional weather events which restricted the port’s operations.
NQBP chief executive officer Nicolas Fertin said the corporation’s business activities continued to support regional economic growth in 2018/19 through direct and indirect employment and the facilitation of trade movements worth $40 billion.
A dedicated strategy to attract new breakbulk trade to the Port of Mackay, coupled with $9.8 million investments in port infrastructure, came to fruition in July 2018 when the first ever roll-on roll-off (RORO) vessel was welcomed into port.
Since then, a total of 10 RORO vessels (four in the 2019-20 financial year) have loaded and unloaded mining and agriculture equipment at Mackay destined for Central Queensland.
NQBP is continuing to invest in quarantine infrastructure to support more mining-related breakbulk trade at the Port of Mackay.
Full report HERE