Port Botany container trade up 5.6 percent

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Australia: Container trade through Port Botany grew by 5.6 percent in April 2011 compared with the same month last year.

"Container volumes through Port Botany have maintained their strength throughout the 2010/11 financial year," Sydney Ports Chief Executive Officer Grant Gilfillan said.

"It is important to note while Port Botany's container trade has been buoyed by higher imports due to the surging Australian Dollar, a solid trading performance by the state's regional and rural export sector has also contributed to the result.

"For the month of April 2011, total container volume through Port Botany was 162,205TEU, a record for the month of April.  

"Total container trade through Port Botany reached 1.693 million TEU for the financial year to date (July 1, 2010 to April 30, 2011) representing an increase of 5.7 percent on the same period last year.

"These figures show that on an annualised basis, Port Botany's container trade volumes are forecast to reach over two million TEU for the first time," Mr Gilfillan said. 

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