SUBSCRIBE TO OUR FREE NEWSLETTER
PUBLISHED |

Port access approved for grain exporters

Port access approved for grain exporters  article image
The Australian Competition and Consumer Commission (ACCC) has formally approved the revised grain port access arrangements put forward by CBH, GrainCorp and Ausbulk, which is the subsidiary of ABB Grain that owns and operates the ports. The new arrangements have been designed to unlock constraints at grain ports, and promote the development of a wheat export marketing industry that is efficient, competitive and advances the needs of wheat growers in a transparent manner. In a release, the ACCC stated the arrangements would include:
  • Robust prohibitions against each port operator anti-competitively discriminating in favour of its own wheat trading business or hindering access to its port terminal services;
  • Clear and transparent port loading protocols in managing demand for the port terminal service, for example in making decisions about the allocation of shipping slots;
  • Obligations on the port operators to negotiate in good faith with eligible wheat exporters around price and non-price offers of access to port terminal services;
  • If negotiation fails, the ability of wheat exporters to seek mediation or binding arbitration on price and non-price terms of access to port terminal services;
  • For wheat exporters who wish to take a standard offer, a set of clear and certain minimum non-price terms and conditions of access to port terminal services, and an obligation on each port operator to publish its standard
  • prices for port terminal services at least one month prior to commencement of each new wheat exporting season; and
  • Obligations on each port operator to publish certain port terminal information to provide greater transparency over its operations.
For more information, see the ACCC's Wheat Export site.

Tags

Leave A Comment

Spinning icon Saving your comment, please wait...
Spinning icon Saving your comment, please wait...
SUBSCRIBE TO OUR FREE NEWSLETTER