| | | Welcome to this month's edition of Port of Brisbane News.
It was a busy month for Trade, with our annual Trade Forum held for shipping line customers and trade stakeholders while members of the Trade Development team attended the Australian Cotton Conference.
We were delighted to announce earlier this month that Bridgestone Australia will be making the move to the Port, with a new Queensland distribution centre to be constructed in Port West Stage 2.
Around 340 additional car parking spaces are now available for passengers and cruise staff at the Brisbane International Cruise Terminal following the completion of our car park expansion project, ahead of the summer cruise season.
If you would like more information about anything in this edition of Port of Brisbane News, please contact us.
Neil Stephens
CEO |
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| | Trade update
It was a solid year for trade through the Port of Brisbane, with total trade reaching over 32 million tonnes during 2023/24. Containers performed strongly, with over 1.61 million containers handled through the Port over the same period – a record volume. It was also a record year for cotton exports following a good growing season, with over 63,000 TEUs exported to global markets. Strong cotton volumes have continued into July, the first month of FY25.
On average, around 50% of the national cotton crop is exported through the Port of Brisbane every year.
Vietnam remains the dominant market for Australian cotton, accounting for almost a quarter of the country's total cotton exports, followed by China as the second largest market.
We look forward to opportunities to engage with our customers and cotton supply chain partners and were delighted to again be a silver sponsor of this year's Australian Cotton Conference on the Gold Coast earlier this month. |
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| | BICT carpark expansion complete
An additional 340 car park spaces are now available at the Brisbane International Cruise Terminal, taking onsite parking to a total of 1,280 spaces for passengers and staff ahead of the summer cruise season starting in October.
Other improvement works have also been completed across the taxi rank's marshalling area to increase capacity and additional shade structures have been installed to some of the outdoor areas.
Thank you to our partners, Arup and PPQ Group. |
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| | Bridgestone Australia moving to the Port
Construction will soon commence on Bridgestone Australia's next-generation Queensland distribution centre on a 5.16ha site in Stage 2 of our Port West Industrial Estate in Lytton.
The new facility will enable Australia's market leading tyre brand to streamline its wharf-to-warehouse logistics, delivering major efficiency gains for our newest customer.
Learn more on our website. |
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| | FY24 Trade Forum
Our Trade and Development team hosted PBPL's annual Trade Forum in July, bringing shipping line customers and trade stakeholders together to present an overview of full year trade outcomes, as well as an outlook for the year ahead.
We were joined by guest speaker, Agronomist, Paul McIntosh, who provided a detailed industry update on agricultural production across the country. |
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| | Australian China Business Council
Last month we hosted Dr Ruan Zongze, Consul General of the People's Republic of China, in Brisbane and members of the Australian China Business Council and China Chamber of Commerce in Australia for a tour and overview of trade through the Port. Brisbane continues to experience growth in both import and export container volumes with China, particularly motor vehicle imports.
Guests also enjoyed a tour of Hutchison Ports Brisbane facility, with an overview of its container handling operations. |
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