TelestackBühler GmbHSailors SocietyTBA GroupTMS Awards 2021The Wolfson Centre for Bulk Solids Handling Technology
  • Vigan
  • TBA Group
  • TMS Awards 2021
  • Sailors Society
  • Bühler GmbH
  • Cleveland Cascades Ltd

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

CP and KCS merger receives Mexican approvals

(Posted on 30/11/21)

Canadian Pacific Railway Limited and Kansas City Southern have received the required regulatory pre-... Read more


Record fertiliser volumes at ABP Ipswich

(Posted on 30/11/21)

Amid the current shortage of nitrogen fertiliser, ABP's Port of Ipswich is bucking the trend and seeing... Read more


Wärtsilä partners with MPA for smart port solutions

(Posted on 25/11/21)

Wärtsilä Voyage has signed a landmark Memorandum of Understanding (MoU) with the Maritime... Read more


Bulk volumes surge in Hamburg

(Posted on 18/11/21)

In the first nine months of the year, at 95.8 million tons the Port of Hamburg achieved a 2.9 percent... Read more


Game changing electric cranes for ABP Ipswich

(Posted on 11/11/21)

Blue cranes at Associated British Ports’ (ABP) Port of Ipswich will soon be turning green. A new... Read more


Integrated logistics support for UAE construction and metals manufacturing

(Posted on 08/11/21)

MICCO Logistics, a subsidiary of AD Ports Group, has acquired 31 tipper trucks as part of their effort... Read more


Damen delivers electric fire-fighting vessels in Hamburg

(Posted on 08/11/21)

In a ceremony held in the Port of Hamburg, Damen handed over twin Fire-Fighting vessels to Flotte Hamburg... Read more


Strategic plan to further develop North Sea Port

(Posted on 02/11/21)

North Sea Port is seeking to continue development as a major European port with eight strategic programmes... Read more


Utah and Long Beach take action to address supply chain delays

(Posted on 28/10/21)

The Port of Long Beach (POLB), the Utah Inland Port Authority (UIPA), and Union Pacific Railroad have... Read more


Bulk increases as North Sea Port makes up pandemic losses

(Posted on 25/10/21)

Over the first nine months of this year, the companies in North Sea Port recorded 51.3 million tons... Read more


Van AalstViganCimbriaCoaltrans Asia 2021TOC EventsPort of Stockton
  • Van Aalst
  • Telestack
  • Port of Stockton

Subscribe to our newsletter

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