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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. 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.

Troubled waters for Ports deal signals increased ACCC …

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 … 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... how to screenshot fortnite pc https://tfcconstruction.net

ACCC proposes to grant exemption to Port of Portland

WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could … 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 … 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 to screenshot for windows

ACCC’s GeelongPort review focuses on Palisade’s Portland Port …

Category:Geelong port acquisition concerns - Stock & Land

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Port of geelong accc

Port of Geelong, Australia - ports.com

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 ... WebThe 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 …

Port of geelong accc

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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 … 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]

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 … 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.

WebSep 7, 2024 · A $1.2 billion 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. 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.

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 …

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 … how to screenshot from cell phoneWebApr 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. how to screenshot full page in iphoneWebJul 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 … how to screenshot from macbookWebMar 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. how to screenshot full browser pagehttp://ports.com/australia/port-of-geelong/ how to screenshot from windows 10WebJun 7, 2024 · The Australian Competition and Consumer Commission (ACCC) will decide this week whether Sydney-based fund manager Palisade Investment can control over 50% … how to screenshot full page windows 10WebMar 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 … how to screenshot from windows 10 pc