The competition watchdog, the Australian Competition and Consumer Commission, has released its 2023 Container Stevedoring Monitoring report. Key findings: Supply Chain Recovery The ACCC noted that The supply chain operated […]
The post ACCC releases 2023 Container Stevedoring Monitoring Report...
https://www.shippingaustralia.com.au/accc-releases-2023-container-stevedoring-monitoring-report/
Shipping Australia welcomes most of the positions in the recent (12 December 2022) Container Stevedoring Monitoring Report from the Australian Competition and Consumer Commission.
Australian container ports ought to have regulatory oversight
We largely agree with the ACCC’s position on Australia’s container ports – they have little to no regulatory oversight, and, given both their pivotal importance to Australia and the fact...
Gina Cass-Gottlieb, the chair of the competition watchdog, has called for the regulation of container ports so as to boost competition. She also called for port performance monitoring.
She told delegates to the Ports Australia conference earlier this week that “proper regulation to compensate for a lack of...
Gina Cass-Gottlieb, the chair of the Australian Competition & Consumer Commission has pinpointed why the supply chain has been so disrupted these last few year. Ports, germs, governments, is the simple answer.
After first paying tribute the “invisible industry” of container shipping, which is a “clockwork-like system” that moves trillions of dollars’ worth of goods and drives the global economy, Ms...
By the Australian Competition & Consumer Commission
The Spirit Super and Palisade Investment Partners Consortium (the Consortium) has withdrawn its request for merger clearance from the ACCC for its proposed acquisition of the Port of Geelong. The ACCC recently informed the Consortium that it continued to hold preliminary competition concerns needing more time to investigate and the Consortium subsequently decided to not proceed...
By the ACCC
The Australian Competition & Consumer Commission has decided it will not pursue enforcement action in relation to Qube’s (ASX:QUB) completed acquisition of Newcastle Agri Terminal (NAT) at this time.
However, the ACCC remains concerned with potential impacts on the supply chain for bulk grain export through the Port of Newcastle, and will continue to monitor developments in the industry.
Qube completed its acquisition...
Australia’s Prime Minister, Scott Morrison recently, and quite correctly, noted that our ports are the gateway for our economy. He is also quite correct in asserting that port inefficiency is a tax on all Australians.
And our container ports are inefficient.
Our container ports can take days to get a ship to berth.
Our container ports take a long time to process ships. Our slowest port takes up to 51.7 hours of on-berth time...
This year’s Container Stevedoring Monitoring Report 2020-21 by the Australian Competition and Consumer Commission exploded with great force yesterday.
The report finds that a surge in demand for containerised cargo and extreme port congestion across the global supply chain have caused major disruptions and delays.
“International shipping line movements normally run lean and just-in-time, but a surge in demand and COVID-19 outbreaks that have forced numerous port operations to temporarily shut...
The...
https://www.shippingaustralia.com.au/accc-warns-of-concerns-on-potential-cargotec-konecranes-merger/
The Australian Competition & Consumer Commission (ACCC) has outlined preliminary competition concerns in relation to a proposed merger between Finnish container handling equipment companies…
https://www.offshore-energy.biz/cargotec-konecranes-merger-faces-hurdle-in-australia/