Container trade declines in Melbourne

The Port of Melbourne announced its total container throughput in September reached 267,392 TEUs, translating to a 6.9% decrease from the same month last year.

The full container imports (excluding Bass Strait) were down in September by 7.2%, with domestic appliances, furniture, toys, and sporting items falling short of last year’s volumes.

Furthermore, full container exports (excluding Bass Strait) were 3.8% lower compared to September 2022, with wheat, hay, chaff & fodder, and raw cotton...

https://container-news.com/container-trade-declines-in-melbourne/

VICT handles largest boxship arriving in Australia

Port of Melbourne’s Victoria International Container Terminal (VICT) welcomes the 10,000 TEU container ship CMA CGM Pelleas.

In particular, at 350 meters in length, the container vessel is the largest ever to dock in an Australian port. The ship is nearly 43 meters wide.

VICT’s chief executive officer, Bruno Porchietto, says that super-sized vessels like CMA CGM Pelleas are likely to become more common at the VICT terminal. “There is a global trend by shipping lines toward the use of larger...

https://container-news.com/vict-handles-largest-boxship-arriving-in-australia/

Port of Melbourne issues sustainability linked loan

Port of Melbourne has recently completed a $475 million sustainability-linked loan (SLL), financed by a syndicate of 10 banks.

The loan links to two sustainability indicators covering scope 1 and 2 emissions reduction, and a mental health first aid workplace certification together with an overarching gateway target tied to engagement with port stakeholders to facilitate scope 3 emissions reduction, according to a statement.

Chief Executive Officer of the Australian port, Saul Cannon said the deal...

https://container-news.com/port-of-melbourne-announces-sustainability-linked-loan/

Port of Melbourne appoints new CFO

The Port of Melbourne announced Leigh Petschel’s appointment as the organization’s new chief financial officer.

Petschel will join the Port on 13 November after serving as chief financial officer and vice president at Monash University since mid-2021. Prior to joining Monash, Petschel worked for Transurban in Australia and North America as a general manager and vice president.

In addition, given his broad background in finance and business strategy in infrastructure and regulated industries,...

https://container-news.com/port-of-melbourne-appoints-new-cfo/

Container volume in July 2023 down year-on-year for Port of Melbourne

Port of Melbourne reported total container throughput, full and empty, in July 2023 were down against July 2022.

More specifically, full container imports volumes were down in July 2023 against July 2022 with domestic appliances, furniture and toys below last year’s volumes.

Additionally, full container exports volumes were down against July 2022, with hay, chaff & fodder and raw cotton below last year’s volumes.

Total empty container movements were down in July 2023 against last year’s volumes.

The...

https://container-news.com/container-volume-in-july-2023-down-year-on-year-for-port-of-melbourne/

Port of Melbourne container volumes down in April

Port of Melbourne’s total container throughput (full and empty) reached 246,542 TEU in April, translating to a 3.9% decrease from April 2022. Additionally,hile box volumes were down 0.5% for the period January-April 2023, compared with the same months last year.

Furthermore, full overseas imports were down 4.8% in April 2022, with furniture, miscellaneous manufactures, non-electrical machinery, domestic appliances, clothes, and toys & sporting goods all falling short of last year’s levels.

Full...

https://container-news.com/port-of-melbourne-container-volumes-are-down-by-3-9-in-april-2023/

Port of Melbourne proceeds with rail project

The Port of Melbourne has achieved progress with the Port Rail Transformation Project (PRTP) with the formal launch of a new permanent two-way, single-lane in each direction port vehicle road connecting the Dock Link Road and Mullaly Close/Coode Road in the Australian port.

The new road, known as Intermodal Way, is expected to offer a  seamless integration of marine, rail, and road freight modes that converge at the port.

Port of Melbourne said Intermodal Way offers a continuous east-west...

https://container-news.com/port-of-melbourne-proceeds-with-rail-project/

Container volumes fall at port of Melbourne

Total container volumes at the port of Melbourne fell by 18.4% year-on-year in February, reaching a total of 219,606 TEUs.

According to the Australian port’s data, full overseas imports dropped by 28.9% in February, compared with the same month last year, with miscellaneous manufacturers, furniture, metal manufacturers, domestic appliances, textiles, and paperboard, all below last year’s levels.

Furthermore, full overseas exports declined by 4.4% on February 2022, with hay & fodder, pulp &...

https://container-news.com/container-volumes-fall-at-port-of-melbourne/

Slow start to 2023 box volumes in Melbourne

Overall container traffic, full and empty boxes, at the port of Melbourne was down 6.7% in January compared with the same month last year.

The total container volumes of the major Australian port reached 257,227 TEUs in the first month of 2023.

Port of Melbourne reported that full overseas container imports dropped by 11.1% in January 2023, with furniture, metal manufacturing, household appliances, paperboard, toys, and sporting products all falling short of last year’s quantities.

Moreover,...

https://container-news.com/slow-start-to-2023-box-volumes-in-melbourne/