The Australian maritime trade task is divided between containerised and non-containerised cargoes. Containerised freight is hauled by container vessels, these being cargo vessels that carry their entire load in containers. Non-containerised freight is either bulk or break-bulk freight and is hauled in a variety of vessels including chemical tankers, liquefied petroleum gas tankers, liquefied natural gas tankers, dry bulk carriers and general cargo ships. Full import containers grew at an average rate of 7.8 per cent between 200304 and 200607, while full export containers grew at an average of 5.7 per cent. Section 2 of this paper discusses models and sources of data used in the estimation of the models covered by the paper and presents estimates of port-level elasticities for: exports of full containers of sea freight from Australia, by Australian port of origin, and by each of Australias 13 trading regions, exports of tonnes of non-containerised sea freight from Australia to each of Australias 13 trading regions, imports of full containers of sea freight by Australian port of destination, imports of tonnes of non-containerised sea freight by Australian port of destination. Section 3 outlines our approach to constructing projections to 202930. Section 4 presents the key results of the study. Section 5 makes some concluding remarks. (a) For the covering entry of this conference, please see ITRD abstract no. E217541.
Abstract