Port of geelong accc
WebJun 7, 2024 · The Australian Competition and Consumer Commission (ACCC) will decide this week whether Sydney-based fund manager Palisade Investment can control over 50% … 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.
Port of geelong accc
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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. 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 …
WebSep 23, 2024 · The Port of Geelong is located on the shores of Corio Bay at Geelong, Victoria, Australia. The port is the sixthlargest in Australia by tonnage. Major commodities handled by the port include crude oil and petroleum products, export grain and woodchips, alumina imports, and fertiliser. Major port in 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.
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] 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 …
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 …
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. bits \\u0026 flawaz fbWebAug 26, 2024 · The Port of Geelong is a freehold diversified bulk commodity port in Victoria. The Port of Geelong is Victoria’s second largest port, located approximately 75km south-west of Melbourne. It handles approximately 40 per cent of Victoria’s bulk cargo and is Victoria’s largest bulk commodity port. bits\\u0026clicks computingWebOct 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 … bits\u0026clicks computingWebVictoria’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. bits\\u0026paper shopWebThe 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 … bits\u0026bops steamWebJan 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 ... dataseers incorporatedWebSep 6, 2024 · A $1.2bn buyout of the GeelongPort by Spirit Super Palisade Consortium has been called off after concerns were raised by Australia’s competition watchdog. GeelongPort confirmed current owners, State Super and Brookfield, would continue to own the port while further options were considered. bits \\u0026 bobs new berlin ny