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Sydney Ports Corporation Annual Report 12

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Sydney Ports Corporation Annual Report 12 18 17 16 15 14 SYDNEY PORTS 13 CORPORATION ANNUAL REPORT 12 11 SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 1 28 September 2012 The Hon Mike Baird MP The Hon Greg Pearce, MLC Treasurer Minister for Finance and Services Level 36 Governor Macquarie Tower Minister for the Illawarra 1 Farrer Place Level 36 Governor Macquarie Tower SYDNEY NSW 2000 1 Farrer Place SYDNEY NSW 2000 Dear Messrs Baird and Pearce, This Annual Report covers Sydney Ports Corporation’s operations and statement of accounts for the year ended 30 June 2012, in accordance with the provisions of the Annual Report (Statutory Bodies) Act 1984 and the applicable provisions of the Public Finance and Audit Act 1983 and the State Owned Corporations Act 1989, and is submitted for presentation to Parliament. Yours faithfully, Mr Bryan T. Smith Mr Grant Gilfillan Chairman Chief Executive Officer 2 SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 TABLE OF CONTENTS Highlights 2 OVerView 3 SUmmary REView of Operations 4 Trade Highlights 5 Chairman’S Report 8 CHIEF EXECUTIVE OFFICER'S Report 9 Board of Directors 10 ExecUtiVE Team 12 Vision, roles and ValUes 14 CUstomer SerVice Charter 15 Key Performance Indicators 16 Marine SerVices 17 Emergency Response 18 SecUrity 19 Facilities AND Logistics 20 Port Botany LANDSIDE IMPROVEMENT STRATEGY (PBLIS) 21 Port Botany Expansion (PBE) 22 BULK LIQUIDS BERTH 2 (BLB2) 24 Intermodal Logistics Centre AT ENFIELD (ILC) 25 Cooks RIVer EMPTY CONTAINER PARK (ECP) 26 CRUise 27 Ports of Yamba and Eden 28 SUstainability 29 Heritage 3 0 MAPS 31 PORT BOTANY PORT FACILITIES AND TENANTS 32 Sydney harboUR precincts and tenants 33 Intermodal Logistics Centre AT ENFIELD (ILC) 34 Cooks RIVer RAIL YARDS 35 Port of Yamba 36 Port of Eden 37 NSW ROAD AND RAIL LINKS 38 METROPOLITAN ROAD AND RAIL LINKS 39 Financial statements 41 StatUtory disclosUres 89 Index 104 Glossary 105 HIGHLIGHTS Container TRADE THroUGH Port Botany EXceeded TWO MILLion 20 Foot EQUIVALent Units (TEUs) for THE second consecUtiVE year. FACT PORT BOTANY EXPANSION PROJECT CRUISE MARKET GROWS BY WINS PRESTIGIOUS AUSTRALIAN 30 PER CENT IN EACH OF THE CONSTRUCTION ACHIEVEMENT LAST TWO YEARS. AWARD. >2MILLION MASTER PLAN UNDERWAY THIRD STEVEDORING OPERATOR FOR UPGRADE OF THE OVERSEAS TWENTY FOOT EQUIVALENT UNITS TAKES CONTROL OF THE NEW PORT PASSENGER TERMINAL AT (TEUs) OF CONTAINER TRADE BOTANY EXPANSION AREA. CIRCULAR QUAY. THROUGH PORT BOTANY FOR THE SECOND CONSECUTIVE YEAR. TRUCK TURNAROUND TIMES CONSTRUCTION BEGINS ON IMPROVE BY 30 PER CENT AFTER THE NEW WHITE BAY CRUISE ONE YEAR OF OPERATION OF PASSENGER TERMINAL. THE PORT BOTANY LANDSIDE IMPROVEMENT STRATEGY. MINISTER FOR ROADS AND PORTS ASSIGNS MANAGEMENT AND PORT BOTANY TRUCK OPERATIONAL RESPONSIBILITIES MARSHALLING AREA FOR THE PORTS OF YaMBA AND BEGINS OPERATIONS. EDEN TO SYDNEY PORTS. Transhipments are included in the numbers quoted below. (Transhipped cargo is cargo that is unloaded from one vessel and re-loaded onto another vessel at the port within 14 days from the date of unloading.) M M 29.7 M M M M 2010 /11 M 1.000 2010 /11 M 2.020 0.459 2010 /11 2010 /11 0.8% 3.1% 1.7% 0.8% 2.036 30.7 0.455 1.017 TOTAL TOTAL TRADE TOTAL Full TOTAL Full CONTAINER (MAss TONNES) CONTAINER CONTAINER TRADE (TEUs) IMPORTS(TEUs) EXPORTS(TEUs) 2 SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 OVERVieW Sydney Ports ManaGes THE coMMerciaL ports of Sydney – located in Sydney HarboUR and Botany Bay. FroM 1 DeceMber 2011, THE Ports of YAMba and Eden Were added to OUR responsibiLities. WE INVEST IN NEW INFRASTRUCTURE OUR ROLE IS TO KEEP THE PORTS FACT TO ENSURE THESE VITAL ECONOMIC SAFE FOR SHIPPING, SECURE FOR ASSETS CONTINUE TO MEET THE EVERYONE AND PROTECT THE TRADE NEEDS OF NSW. PORT ENVIRONMENT. 30% COMBINED, OUR PORTS HANDLE MORE THAN $61 BILLION WORTH GROWTH IN CRUISE MARKET OF TRADE EACH YEAR, CONTRIBUTE IN EACH OF THE LAST TWO YEARS. ABOUT $2.5 BILLION TO THE NSW ECONOMY, AND GENERATE EMPLOYMENT FOR MORE THAN 17,000 PEOPLE THROUGHOUT THE LOGISTICS CHAIN. N N B B 61 2.5 $ $ 17,000 WORTH CONTRIBUTION EMplOYMENT OF TRADE TO THE NSW THROUGHOUT THE EACH YEAR ECONOMY LOGISTIcs CHAIN SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 3 SUMMARY REVIEW OF OPERATIONS Sydney Ports aiMS to add VALUE to ALL aspects of Sydney'S port operations to Meet EXistinG and FUTUre trade needs. We WorK WitH staKEHOLders to acHieVE OUtcoMes THat benefit ALL parties and ensUre THE safety of coMMerciaL SHippinG. THE MAIN FUNCTIONS OF SYDNEY PORTS Again this year, container traffic Centre at Port Botany which will ARE TO through Port Botany exceeded two coordinate the port rail system as million Twenty Foot Equivalent Units part of PBLIS, when fully operational MANAGE AND DEVELOP (TEUs), almost a third of Australia’s in late 2012. PORT FACILITIES AND SERVICES containerised trade. Cruise ship visits Intermodal network developments, TO CATER FOR EXISTING AND to Sydney grew by 30 per cent in including Sydney Ports’ Intermodal each of the last two years. FUTURE TRADE NEEDS Logistics Centre at Enfield, will During the year, Sydney Ports achieved increase container rail movements FACILITATE TRADE BY PROVIDING significant milestones in a series of and support the NSW Government’s A COMPETITIVE ADVANTAGE TO projects to improve capacity and aim of doubling rail modal share IMPORTERS, EXPORTERS AND THE supply chain efficiency at Port Botany by 2020. and Sydney Harbour. PORT RELATED SUPPLY CHAIN Construction of marine structures The Port Botany Expansion is one of for the second bulk liquids berth at MANAGE THE NAVIGATIONAL, the biggest infrastructure projects Port Botany was also largely completed SECURITY AND OPERATIONAL undertaken in Australia in 30 years, this year. Sydney Ports made a SAFETY NEEDS OF adding five new container berths to submission to the NSW Government’s COMMERCIAL SHIPPING the existing six. During the year, most Bays Precinct Taskforce on future of the expanded area was handed over development of the Glebe Island and PROTECT THE ENVIRONMENT to a third stevedoring operator and White Bay port precinct. the remainder leased to an existing AND HAVE REGARD TO THE The White Bay Cruise Passenger operator. The Grade Separation Works, INTERESTS OF THE COMMUNITY Terminal is now under construction due for completion in late 2012, will and a Master Plan commenced for the eliminate the need for trucks to stop upgrade of the Overseas Passenger DELIVER PROFITABLE at rail crossings on their approach to Terminal at Circular Quay. These BUSINESS GROWTH the terminals. cruise infrastructure projects will The Port Botany Landside support the expected growth in Improvement Strategy (PBLIS) aims passenger numbers and allow larger to generate efficiencies in the landside ships to berth. supply chain by improving road and In all these port developments, rail transport of containers through Sydney Ports continued to work with the port. In the first year of PBLIS’ local community organisations and operation, truck turnaround times councils. We have now completed a improved by 30 per cent. Industry number of significant community and representatives have worked with us environmental enhancements in to develop a comprehensive PBLIS rail the port precinct. strategy. A key part of this is the new Rail Operations and Coordination 4 SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 TRADE HIGHLIGHTS TOTAL CONTAINER TRADE TOTAL TRADE (TEUs) (MASS TONNES) 2009/10 2009/10 8.1% 1.928 M 1.5% 28.2M 2010 /11 2010 /11 4.8% 2.020M 5.6% 29.7M 2011/12 2011/12 0.8% 2.036M 3.1% 30.7M TOTAL FULL CONTAINER TOTAL FULL CONTAINER IMPORTS (TEUs) EXPORTS (TEUs) 1.7% 3.6% 0.8% 8.6% 5.2% 0.0% M M M M M M 3.8% 2010/11 0.459 2010/11 2011/12 1.017 2011/12 2011/12 0.455 2011/12 2010/11 1.000 2010/11 4.4% 2009/10 0.443 2009/10 0.951 21.1% M M M 2009/10 0.317 2011/12 0.261 2010 /11 0.250 TEUs MOVED BY RAIL SYDNEY Transhipments are included in the numbers quoted above. (Transhipped cargo is cargo that is unloaded from one vessel and re-loaded onto another vessel at the port within 14 days from the date of unloading.) Note: All graphs and tables in this section include trade data from the Ports of Yamba and Eden for the period 1 December 2011 to 30 June 2012 only. SYDNEY PORTS CORPORATION ANNUAL REPORT 2011/12 5 TRADE HIGHLIGHTS (CONTINUED) TOTAL TRADE 2006/07 TO 2011/121 TOTAL CONTAINER TRADE TOTAL BULK LIQUIDS, GAS AND OIL 2006/07 TO 2011/121 2006/07 TO 2011/122 2006/07 2006/07 2006/07 2007/08 2007/08 2007/08 2008/09 2008/09 2008/09 2009/10 2009/10 2009/10 2010/11 2010/11 2010/11 2011/12 2011/12 2011/12 20 22 24 26 28 30 32 1.2 1.4 1.6 1.8 2.0 2.2 11.4 11.8 12.2 12.6 13.0 13.4 MILLION MILLION MILLION MASS TONNES TEUs MASS TONNES CHARGEABLE VESSEL VISITS 2011/12 200 167166 164179 197195 196207 175185 187161 3 160 1 8 8 6 5 4 14 0 1 14 13 7 13 13 4 4 13 13 13 13 12 12 12 120 80 75 56 54 51 47 45 44 38 36 34 30 40 30 8 7 6 6 4 4 3 0 0 0 0 0 0 JULAUG SEPOCT NOVDEC JANFEB MAR APRMAY JUN S EL VESS Port Botany TOTAL FY 11/12 = 1,601 OF Sydney Harbour TOTAL FY 11/12 = 540 Yamba and Eden TOTAL FY 11/12 = 38 NUMBER 1 Graphs above include transhipments.
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