Sailors SocietyThe Wolfson Centre for Bulk Solids Handling Technology Port of Vancouver USATelestackCleveland Cascades LtdTBA Group
  • Sailors Society
  • TOC Events
  • Vigan
  • Port of Vancouver USA
  • Cimbria
  • Port of South Louisiana

Newcastle Glencore charges “too high”

Newcastle Glencore charges “too high”

(Posted on 11/10/18)

Newcastle should reduce by 20% its current charge for ships entering the port, the Australian Competition and Consumer Commission has ruled.

The ruling followed a dispute between Glencore Coal Assets Australia and Port of Newcastle Operations about terms and conditions for accessing the shipping channel.

In a statement published online, the ACCC determined PNO should reduce its charge for ships entering the port to carry Glencore’s coal by around 20% to $0.61 per gross tonne.

Port of Newcastle chief executive Craig Carmody expressed disappointment at the ruling. “We will use all legal avenues available to contest the decision,” Carmody said, “We will be lodging a request for review with the Australian Competition Tribunal.”

According to the ACCC statement, Port of Newcastle is the only commercially viable means of exporting coal from the Hunter Valley region.

In January 2015, PNO increased the charge for coal ships entering the port by about 40% to $0.69 per gross tonne. In November 2016, Glencore notified the ACCC of a dispute with PNO about the price increase and requested arbitration from the ACCC to arbitrate. PNO later increased the charge to its current 2018 price of $0.76 per GT.

According to the ACCC, a key part of the dispute was whether PNO should be able to charge for dredging of the shipping channel that had been undertaken or funded by users of the port.

“PNO proposed large increases to the current price, but the ACCC found that a reduction in the price for using the shipping channel was appropriate,” ACCC commissioner Cristina Cifuentes said. “The ACCC also determined appropriate mechanisms for future price changes, and decided on certain non-price terms and conditions of access where the parties had been unable to reach an agreement.”

Latest News

Transshipments begin with largest ever UAE flagged bulker

(Posted on 11/04/21)

Emirates Steel, the leading integrated steel producer in the Middle East, and SAFEEN Group, the marine... Read more


Milwaukee promotes Polzin to Harbour Master

(Posted on 11/04/21)

The Milwaukee Board of Harbour Commissioners have approved the appointment of Eric Polzin to the position... Read more


Adani increases Krishnapatnam Port ownership

(Posted on 06/04/21)

Adani Ports and Special Economic Zone  Ltd. (APSEZ), India’s largest private Ports &... Read more


Single border checkpoint in Dunkirk

(Posted on 06/04/21)

Daniel Deschodt, Interim Chairman of the Executive Board of Dunkerque-Port, has officially handed over... Read more


UAE rail network to provide raw materials transport

(Posted on 01/04/21)

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah,... Read more


FMT increases Southern USA presence

(Posted on 31/03/21)

Federal Marine Terminals, Inc. (FMT) has signed an operating agreement with Port Itawamba, increasing... Read more


Greenlight for Teesside waste to energy project

(Posted on 28/03/21)

Two of the UK’s leading waste to energy companies – Low Carbon Ltd and PMAC Energy &ndash... Read more


Peel completes autonomous vessel trial

(Posted on 28/03/21)

Peel Ports is the first Port group in the United Kingdom to take delivery of an autonomous unmanned... Read more


Rotterdam closer to hydrogen backbone

(Posted on 22/03/21)

The Port of Rotterdam Authority and Gasunie are working together on the development of a new hydrogen... Read more


ABP Newport’s port-centric manufacturing facility

(Posted on 22/03/21)

Associated British Ports (ABP), the UK’s leading and best-connected port operator, has celebrated... Read more


ViganPort of South LouisianaTOC EventsBühler GmbHCoaltrans Global 2021Cimbria
  • TBA Group
  • Port of Stockton
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping