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Record exports drive container growth at Port of Melbourne

A record month of containerised exports has boosted total trade throughput in April, according to figures released during the Port

A record month of containerised exports has boosted total trade throughput in April, according to figures released during the Port of Melbourne Corporation’s annual stakeholder event.

All cargo types recorded strong results in April with total port trade increasing by 12.7 percent over the same month last year and up 6.9 percent for the year to date.

Led by full containerised exports which increased 15.3 percent to a record 65,654 TEU for the month, total container throughput for April recorded significant growth of 12.6 percent on last year.

Full container imports increased 10.9 percent over April last year.

Having set a new milestone last year as the first port in Australia to handle two million TEU in a year, the total number of containers handled by the port in the 12 months to the end of April is now over 2 .23 million TEU.

“The Port of Melbourne is one of Victoria’s great economic assets and the strong trade result is good for our exporters,” Chief Executive Stephen Bradford says.

“We intend to build on this success through the Channel Deepening Project which will deliver greater efficiency in handling the increased volume of trade for a growing population.”

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