Port of geelong accc
WebApr 4, 2024 · The Port of Portland is a diversified bulk commodity, deep water port in south-west Victoria. It handles approximately 20% of Victoria’s bulk freight. By road, the Port of Portland is 290km west of the Port of the Geelong. ‘Dry bulk cargo’ includes commodities such as grain, woodchips, fertiliser, mineral sands and cement clinker. WebJul 26, 2024 · The Spirit Super-controlled bidding consortium for the Port of Geelong is set to change to clear concerns from the Australian Competition and Consumer Commission …
Port of geelong accc
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WebApr 4, 2024 · ACCC raises concerns over Port of Geelong acquisition. accc. 31 Mar. Written By Julie Clarke. The ACCC has issued a Statement of Issues outlining preliminary …
WebMar 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. WebApr 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 …
WebApr 26, 2024 · VFF joins competition watchdog in expressing concerns about the sale of Geelong port. By Andrew Miller April 26 2024 - 6:00pm ACQUISITION CONCERNS: The Victorian Farmers Federation has raised concerns about the potential acquisition of the Port of Geelong by a consortium that has an interest in the port of Portland. 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.
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.
WebVictoria’s premier regional gateway. GeelongPort is a major driver of Victoria’s economy, managing over $7 billion of trade and supporting more than 1,800 jobs across the state. As Victoria’s second largest port, GeelongPort handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. About us. hide non video participants teamsWebMar 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. hide no file chosen text cssWebFeb 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. hidenori ishiiWebAug 26, 2024 · Port of Geelong Summary A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC ) and the Diversified … hide note in flat notation softwareWebAug 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. how expensive is microsoft wordWebSep 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] hide notification area windows 10WebThe ACCC released a Statement of Issues on 31 March that identified concerns associated with the role of Palisade Investment Partners, which would have acquired 49% of Port of … hiden in the sand