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https://www.freightwaves.com/news/daily-infographic-dedicated-solutions-designed-for-each-customer
Privatisation without competition harms the Australian economy and should be avoided, Rod Sims, the chair of the Australian...
https://www.shippingaustralia.com.au/no-privatisation-without-competition-rod-sims-argues/
Defining what it means to provide rail shippers with robust competitive options could be the lens that the Surface Transportation Board uses as it responds to an order from President Joe Biden aimed at promoting competition within the freight railroad and maritime industries.
But it remains to be seen how exactly the STB, the independent federal regulatory agency responsible for handling rail rate and service matters, will balance shipper concerns with ensuring that the freight railroads can...
https://www.freightwaves.com/news/biden-order-charges-stb-to-examine-rail-competition
Demo prices have shot up amid fierce competition between Pakistan and Bangladesh for limited tonnage, reports BMGLOBAL.
Demo Broker EBM ReportedThe 1998-built handy bulk carrier Vika has recently fetched $550 per ldt in Pakistan, a price considered “unthinkable” a few days ago, demo broker EBM reported. One chemical tanker with more stainless steel, Glory Shipmanagement’s Falcon, even managed $750 per ldt.
Reaching Newer Heights“The demolition prices are reaching newer heights week on week as the...
TasPorts has given a court-enforceable undertaking to the Australian Competition and Consumer Commission after the port operator admitted that it had engaged in conduct likely to have the effect of substantially lessening competition.
TasPorts provided towage, pilotage and other services to a mining company that owns and operates ship loading infrastructure at Port Latta in Northern Tasmania.
The mining...
https://www.shippingaustralia.com.au/accc-accepts-pro-competitive-undertaking-from-tasports/
David Fethers, Managing Director Australia and Papua New Guinea, Smit Lamnalco, writes:
2020 marked almost 30 years since the provision of harbour towage at the ports of Melbourne, Sydney (Port Botany and Port Jackson), Newcastle, Brisbane, Fremantle and Adelaide first commenced as a ‘declared’ service under the Prices Surveillance Act 1983.
The declaration was made to address concerns over the lack of competition in the provision of harbour towage.
Eleven years later, in 2002, the Productivity...
https://shippingaustralia.com.au/sustainable-competition-in-harbour-towage-how-do-we-get-there/
Bunker fuel prices for very low-sulphur fuel oil (VLSFO) at China’s largest bunker port of Zhoushan have lagged crude gains so far in 2021 because of rising domestic refinery supplies, which is increasing competition for market share as supply outpaces demand, says an article published in argusmedia.
Ice Brent Crude SettlementZhoushan’s VLSFO bunker prices rose by 19pc during 4 January to 18 February to around $508/t, with the front-month Ice Brent crude settlement rising by 25pc to nearly...
At the end of 2020, there were 944 container ports served by liner shipping services. This is an increase of 13% compared to the 834 ports in the first quarter of 2006. The size of container ships calling in most ports has also increased during these 15 years, but the number of companies has decreased, says an article published in safety4sea.
LSCITo estimate a country’s position in the global liner shipping network, in 2004, UNCTAD developed the Liner Shipping Connectivity Index (LSCI).
According...
https://mfame.guru/ships-getting-larger-while-number-of-companies-decreasing/
The National Competition Council has announced a draft decision to recommend that the designated Minister not declare the services at the Port of Newcastle.
A “declaration” under Part IIIA of the Competition and Consumer Act 2010 (Cth) would enable actual and potential users of a service to negotiate with the service provider and, if the negotiation is unsuccessful, would provide...
https://shippingaustralia.com.au/competition-council-recommends-against-declaration-at-newcastle/
Soren Skou, head of Maersk, has stuck his neck out, and warned the European Commission that its competition rules prevent the region from competing with the US and China. “Is it really a good idea that we don’t allow the creation of a European global champion?” he told Danish media. Mr Skou is a...
https://theloadstar.com/maersk-chief-warns-that-eus-antitrust-policy-benefits-china-and-the-us/