The volume of container throughput rose by 9.5% year on year to 32.58 million tonnes, while unitary throughput showed a 10.7% increase to 2.74 million teu.
The Queensland port of Townsville is embarking on a 30-year expansion project to regain cargoes
Turnover was up by a modest 4% to EUR 1.08 billion, driven by finished vehicle and project cargo handling, but even those business areas that failed to achieve revenue growth still delivered higher profits.
A number of ambitious expansion and construction projects are under way at ports in Colombia, Ecuador, and Peru.
The Saudi shipping company is expected to benefit from an agreement last week between Saudi Aramco and an Indian consortium to build an Indian refinery complex.
The Marseille-based group has signed a memorandum of understanding that will put it in charge of marketing, operation, and maintenance of the terminal, which is due to start operating in 2020.
Ship detentions in Australia were at a record low in 2017, but the number of ships barred from Australian ports as repeat offenders was on the rise.
The Safety of Life at Sea (SOLAS) Convention’s VGM amendment was introduced in July 2016 to ensure the accuracy of container weights to prevent vessels from becoming destabilised and stacks collapsing or being lost overboard.
Hong Kong-based Hutchison Port Holdings Trust expects a decline of less than 2% in volumes in a worst-case scenario forecast of US trade sanctions.
The group's net profit increase was supported by reduced interest expenses and improved results from international subsidiaries.