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DP World seeks to challenge 750% rent hike at Port of Melbourne

April 14, 2015
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DP World seeks to challenge 750% rent hike at Port of Melbourne

An independent valuer will handle the rent dispute at the Port of Melbourne

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DP World plans to apply to Australia’s National Competition Commission (NCC), hoping to tackle the proposed rent increase of more than 750% at the container terminal it operates in Melbourne.

Paul Scurrah, the CEO of the Dubai-based company’s Australian business, confirmed that the firm aims to introduce the Australian Competition and Consumer Commission (ACCC) as the arbitrator of future fee disputes at the port.

DP World Australia has also filed two freedom of information (FOI) requests to the Victorian government and the Port of Melbourne Corporation respectively.

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