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In an industry-first, Ports Australia has launched a detailed trade statistics resource, which collates and exhibits the ports sector’s trade data.
Ports Australia said collating industry data has been a routine aspect of its agenda for many years, however, the team has transformed that data into a multi-layered resource in an accessible format.
The resource has been designed to represent the ports industry through a tight scope with a focus on specific, individualised data, that cannot be found through government-produced publications.
The new representation features a range of metrics with which the ports’ trade are measured, including throughput in mass tonnes, monetary value of cargo, types of cargo, and numbers of vessel calls.
Ports Australia CEO, Mike Gallacher, said, “One thing we value at Ports Australia is showcasing the value of our nation’s ports and there’s no better representation than the impressive numbers they turnover in trade.
“This is a one-stop-shop for everything data when it comes to ports.
“The ability to compare the throughput of two ports from opposite sides of the nation is the ability to analyse Australia’s wealth of resources across the states, territories, and regions.
“The effort we’ve put into the site’s style and accessibility reflects how useful we believe it will be for industry members, parliamentarians, journalists, scholars, and school children.”
Ports Australia said it will continue to adapt the resource and extend it from its current infancy as time goes on, with plenty of opportunity to enhance the parameters (frequency of data updates for example) through which it displays information.
Mr Gallacher said the resource comes at a time when accessible information is imperative to improving public confidence in our sector.
“With greater awareness across government, industry and the public, we can avoid information vacuums which lead to situations like the panic-buying saga during the early stages of COVID-19,” Mr Gallacher said.
“It’s clear that even if the supply chain industry knows there are no chinks in its armour or shortages in its trading commodities, it only takes some public uncertainty to create panic. We believe this resource can bridge information gaps and provide a true representation of the state of Australia’s ports sector.
“As it’s developed, we’re excited to see this resource explore the trends experienced by our sector before, during and after the trying times of the pandemic.”
To view the resource, go click here.
The post Ports Australia pioneers trade statistics resource appeared first on Infrastructure Magazine.
This article first appeared on infrastructuremagazine.com.au
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