TOC EventsThe Maritime Standards Awards 2018Cleveland Cascades LtdSailors SocietyTMS Awards 2016 winnersTBA - Software Solutions & Services for ports, terminals & warehouses
  • Telestack
  • Ovet
  • TMS Tanker Conference 2018
  • Docksolid
  • Stemm
  • Multimodal 2018

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

Trois-Rivières on course for 2030 plan

(Posted on 11/10/18)

The Trois-Rivières Port Authority unveiled its On Course for 2030 development plan this week,... Read more


Record trade for NQBP

(Posted on 11/10/18)

North Queensland Bulk Ports’ 2017-18 annual report, tabled in Queensland Parliament, has reported... Read more


Gladstone Port welcomes new Chair

(Posted on 04/10/18)

Peter Corones has been appointed by the Queensland Government to lead Gladstone Ports Corporation (GPC... Read more


Work rounded off on safe berths

(Posted on 04/10/18)

The five new fixed berths for barges along the Maas end of Isle of Brienenoord are ‘good to go... Read more


Trois-Rivières’ new directors

(Posted on 04/10/18)

The Trois-Rivières Port Authority (TRPA) has announced the appointments of Ms. Véronique... Read more


Metro appoints new President

(Posted on 04/10/18)

Metro Ports has announced the appointment of Robert Dickey as Metro Ports new president.In his role... Read more


Geelong and Boral cement partnership

(Posted on 28/09/18)

A milestone 25-year agreement has been reached between GeelongPort in Australia and Boral Cement which... Read more


German interest in Rotterdam Experience Tour

(Posted on 28/09/18)

The Rotterdam Experience Tour is taking place this week. The Port of Rotterdam Authority organises this... Read more


Hamburg and St. Petersburg strengthen cooperation

(Posted on 28/09/18)

More than 250 participants have had the opportunity to nurture and deepen the good relationship between... Read more


ESPO wants more ambition on the harmonisation of data

(Posted on 28/09/18)

 ESPO welcomes the Commission’s proposal for a Regulation establishing a European Maritime... Read more


TelestackTMS Tanker Conference 2018Bühler GmbHCimbria Bulk Equipment A/SDocksolidVigan Engineering S.A
  • Cimbria Bulk Equipment A/S
  • Vigan Engineering S.A
  • MULTIMODAL 2019
  • TMS Awards 2016 winners
  • Cleveland Cascades Ltd

Subscribe to our newsletter

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