News Ports

Deputy Premier Paul Toole to meet with Port of Newcastle to discuss container terminal proposal | Newcastle Herald

A Productivity Commission draft report published last month – Lifting productivity at Australia’s container ports, revealed higher productivity at Australia’s container ports is achievable and would deliver significant benefits. The report noted “inefficiencies at Australia’s major container ports directly cost the Australian economy an estimated $605 million a year, and lack of competition in some parts of the maritime logistics system, including container terminal services, means consumers pay too much”.

Source link