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% … 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]

GeelongPort shortlists bidders for round two, bids Dec 10

WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could … 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. china and european union https://checkpointplans.com

ACCC concerns over Geelong port move - AgTrader

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. 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 … WebMar 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 … graef anhalt schloemer \u0026 associates

Concerns arise over Port of Geelong acquisition

Category:ACCC concerns over Geelong port move - AgTrader

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Port of geelong accc

Troubled waters for Ports deal signals increased ACCC scrutiny of

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. 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 ...

Port of geelong accc

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WebMar 31, 2024 · The port of Geelong is half-owned by Linx Cargo Care and Infrastructure Investment Corporation (managed by Canada’s Brookfield group) with the other half … WebApr 6, 2024 · There are worries that changes in the ownership of the Port of Geelong will cause competition issues in Victoria. THE AUSTRALIAN Competition and Consumer …

http://ports.com/australia/port-of-geelong/ WebMar 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.

WebAug 26, 2024 · Port of Geelong Summary A consortium of investors comprised of Spirit Superannuation, Commonwealth Superannuation Corporation ( CSC ) and the Diversified …

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 ...

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. graef bistro 1920 brotWebSep 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. grae farms elizabeth city ncWebSep 1, 2024 · The ACCC also noted that the Port of Geelong and the Port of Portland collectively handle over half of Victoria’s bulk cargo, with overlap in the grain, timber, … graef c 180WebApr 6, 2024 · THE AUSTRALIAN Competition and Consumer Commission has expressed concerns over the proposed sale of the Port of Geelong. Spirit Super and Palisade … china and far eastWebOct 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 … graef c15WebAug 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. china and fiji relationsWebJul 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. graef allesschneider classic c 180