Australia’s stevedoring prices lowest in 17 years
The Australian Competition and Consumer Commission (ACCC) has claimed that increased competition in container stevedoring lead to the lowest prices in at least 17 years.
In its 2015-16 Container Stevedoring Monitoring Report, the ACCC reported that the average stevedoring prices in 2015-2016 hit their lowest point since monitoring started in 1998-1999.
According to ACCC, this reflects the increase in competition between stevedores “as they attempt to retain and/or win new shipping line customers”.
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