Gladstone Ports is Qld's biggest with record exports tonnage
THE Gladstone Ports Corporation has achieved record throughput tonnages in the last 12 months, reaching 116 million tonnes.
It's an increase of 16 million tonnes, compared to its record year in 2014-15 where they reached 100 million.
It's labelled the increase as a result of the expansion to the GPC's existing RG Tanna Coal Terminal, the development of the new Wiggins Island Coal Terminal, and the development of three LNG plants in the Port of Gladstone, which have the potential to generate around 24 million tonnes of LNG per year.
They're optimistic about further increases too, with trade anticipated to grow to around 130 million tonnes per year in the next five years.
Chief executive officer Peter O'Sullivan said GPC was in a strong position at the end of the financial year, as the corproation continues to focus on improving safety performance and developing new business opportunities in the Gladstone, Bundaberg and Rockhampton ports.
"Key trade performance was again dominated by coal, with 72.1 million tonnes traded through the Port of Gladstone.
"GPC's financial performance was again strong in 2015/16, with solid returns from an expanding customer base," Mr O'Sullivan said.
It's been a steady growth for the GPC, which had a total tonnage for 2013 - 14 of 98.3m.
GPC's 2015/16 Annual Report will be released in October.