THE Port of Melbourne saw a 5 per cent drop in its container volumes in April 2022 by handling 255,193 TEU following a 6.9 per cent year-on-year decline in containers in March.
Year-to-date volumes are currently tracking 1.6 per cent below the same period in 2021 and the port is also expecting a reduction in May volumes, reports London's Port Technology.
Melbourne port said full overseas container imports last month were 2.5 per cent down on April 2021 with year-to-date volumes down 2.3 per cent.
Full overseas container exports were 9.8 per cent below April 2021 with year-to-date volumes down 6.2 per cent.
Full container transshipments were 14.2 per cent below April 2021 with year-to-date volumes down 7.7 per cent.
Full container trade between Melbourne and Tasmania (excluding transshipments) decreased 2.8 per cent on April 2021 to total 17,352 TEU with year-to-date volumes down 1.0 per cent.
Total empty container movements were 3.9 per cent below April 2021 totalling 68,830 TEU with year-to-date volumes up 3.3 per cent.
While the on-gong lockdown in Shanghai continues to affect global supply chains, local Australian delays have improved, according to port officials.
The Port of Melbourne also recently announced major investments to expand terminal operations at Webb Dock East.
The port has confirmed that it is working to reduce port congestion, improve efficiency, and accommodate larger ships at Australia's largest container terminal and general cargo port.
The project will involve demolishing a redundant section of concrete and extending the quay line by 71 metres.