Newsletter #425 (View other news stories)
Brisbane port announces price increase
Brisbane, Queensland, Australia
Thursday, 27 Aug 2009
 A new pricing schedule has been announced by Port of Brisbane Corporation.
Photo source: Port of Brisbane |
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The Port of Brisbane Corporation (PBC) has announced a new schedule of port charges, to take effect from 1 December 2009.
According to CEO Jeff Coleman, trade charges had not increased in Brisbane since 1982, and some charges had even been reduced.
"Despite not increasing our charges over the last 27 years, we have invested heavily in new infrastructure and facility upgrades, in a climate of increasing costs," says Coleman.
"We have invested over AUD790 million in capital expenditure in the last five years alone, and it is critical that we continue this funding for the future growth of the port.
"It is no longer viable to keep our charges unchanged in this environment; an increase, while not desirable, is simply unavoidable."
The new pricing schedule is the result of over a year of cost analysis and investigation, including a review from an independent expert.
Wharfage and harbour dues will increase by 6% across the board in the new schedule, with the exception of coal, where a higher increase will apply.
The pricing arrangement for trans-shipments will also be simplified in the new schedule.
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