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Port of geelong accc

WebNov 29, 2024 · GeelongPort is Victoria’s second largest port and handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. GeelongPort sale The sale of GeelongPort on November 20 to investment firm, Stonepeak, and industry super fund, Spirit Super, could also provide added certainty for Midway’s grain-terminal proposal. WebOct 26, 2024 · The ACCC said that the Port of Geelong and the Port of Portland were the two largest Victorian bulk cargo ports and accounted for more than half of bulk cargo in …

Troubled waters for Ports deal signals increased ACCC …

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Port of Geelong acquisition raises preliminary competition …

WebAug 30, 2024 · The ACCC conducts merger reviews with the rigour warranted by the complexity and significance of a transaction." The Port of Geelong is a freehold diversified bulk commodity port in Victoria. It handles approximately 40% of Victoria's bulk cargo and is Victoria's largest bulk commodity port. WebFeb 14, 2024 · THE Australian Competition and Consumer Commission (ACCC) has released a draft determination proposing to grant Port of Portland Pty Ltd (POPL) exempt service provider status. This is in relation to POPL being a bulk exporter of grain under the Port Terminal Access (Bulk Wheat) Code of Conduct. WebOct 18, 2024 · GeelongPort is the second largest port in Victoria and handles more than $7 billion worth of trade annually. GeelongPort Infrastructure Capital Group, which had joined … howard plant

ACCC flags competition concerns over Port of Geelong deal

Category:GeelongPort shortlists bidders for round two, bids Dec 10

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Port of geelong accc

ACCC concerns over Geelong port move - AgTrader

WebJul 28, 2024 · “The ACCC considers that both Riordan and Semaphore will face significant competitive constraint, specifically from GrainCorp and Viterra,” ACCC commissioner Cristina Cifuentes said. “GrainCorp and Viterra are the dominant providers of bulk wheat port terminal services at the Port of Geelong and Port Adelaide respectively. WebAug 26, 2024 · Port of Geelong Summary A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC ) and the Diversified …

Port of geelong accc

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WebMar 31, 2024 · ACCC to examine Port of Geelong sale By Andrew Miller Updated March 30 2024 - 8:45pm, first published 6:45pm The Port of Geelong Australia's competition … WebJan 19, 2024 · Naturally ACCC is keen on knowing if the deal would affect service prices, service levels or stevedore services. ... Port of Portland is 290 km west of Geelong and 356 km from Port of Melbourne ...

WebSep 1, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria, located approximately 75km south-west of Melbourne. It is Victoria’s largest bulk commodity port, handling... WebAug 26, 2024 · The ACCC was looking at Palisade’s ownership of the Port of Portland, a diversified bulk commodity seaport in south-west Victoria and 290km away from Port of …

WebSep 23, 2024 · The Port of Geelong is located on the shores of Corio Bay at Geelong, Victoria, Australia. The port is the sixth-largest in Australia by tonnage. [3] Major commodities handled by the port include crude oil and petroleum products, export grain and woodchips, alumina imports, and fertiliser. [4] WebFrom: Port of Geelong, Australia To: look for a city or a country, suggestions will show up as you type calculate! Suggestions (popular ports): Guaiba Island Terminal, Brazil Port of …

WebAug 30, 2024 · ACCC chair Gina Cass-Gottlieb said the agency was “concerned the common fund management and ownership interests between the Port of Geelong and the Port of Portland would reduce competition for ...

WebNov 28, 2024 · The port of Geelong is a bulk commodity port in Victoria. It is Victoria’s largest bulk commodity port, handling approximately 40% of Victoria’s bulk freight, according to a September 1 note by legal firm Gilbert + Tobin. “The ACCC’s review was ongoing since the proposed acquisition was announced in January 2024, and had not yet reached ... how many kids does drake the rapper haveWebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, and is currently owned 50pc each by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield), and SAS Trustee Corporation. The Port of Portland is a diversified bulk commodity, deep water port in south-west Victoria. howard pizer white soxWebMar 31, 2024 · The proposed acquisition, according to the Australian Competition & Consumer Commission (ACCC) will therefore lead to minority common ownership between the Port of Geelong and Port of Portland. “For future large port users, there are very few bulk port options in Victoria,” said ACCC Commissioner, Stephen Ridgeway. howard plastics ltdWebJun 7, 2024 · The Australian Competition and Consumer Commission (ACCC) will decide this week whether Sydney-based fund manager Palisade Investment can control over 50% … howard pizza delivery great fallshttp://ports.com/australia/port-of-geelong/ howard plastic surgeonWebApr 6, 2024 · THE AUSTRALIAN Competition and Consumer Commission has expressed concerns over the proposed sale of the Port of Geelong. Spirit Super and Palisade Consortium have launched a joint $1.2 billion bid to buy the port, with Spirit Super to hold a 51 per cent stake and Palisade 49pc. However, the ACCC has outlined potential … howard plasticsWebMar 31, 2024 · The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. The Port of Geelong is currently owned 50% by a consortium comprised of Linx Cargo Care Pty Ltd and Infrastructure Investment Corporation (managed by Brookfield) and 50% by SAS Trustee Corporation. how many kids does don johnson have