Ports Australia has released its Coastal Shipping Factsheet, an analysis paper on the current state of coastal shipping around Australia and its potential for the future of our supply chain.
The motivation behind Ports Australia’s Coastal Shipping Factsheet is a desperate need for transparent information to understand the potential of coastal shipping for supporting the productivity of our nation’s supply chain.
The Factsheet, presented in an accessible format, approaches this need with neutrality and presents its findings backed by data, removing any influence of industry point scoring.
Ports Australia believes the nation needs a sustainable coastal shipping sector which will not not replace but support our growing freight task given the advantages it offers evidenced in the Coastal Shipping Factsheet.
Ports Australia recognises there is a range of supply chain-specific factors which influence decisions on freight modes, but by fully realising the potential of coastal shipping and establishing stable regulatory regimes to drive the supply chain and logistics sector, we can approach our freight task with more diverse opportunities for efficiency.
Australia’s national freight task is estimated to be 725 billion tonne-km, having increased by over four-fold in the last 45 years. Between 2018 and 2040 it is forecast to increase by 25% to 962 billion tonne-km.
Data published by BITRE shows in 2015-16, coastal shipping took on just 14.9% of Australia’s domestic freight task, which is a steep decline from 2000-01 when that number was at 27%.