{"id":3852,"date":"2013-09-11T11:33:00","date_gmt":"2013-09-11T10:33:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2013\/09\/11\/competition-prompts-australian-investment\/"},"modified":"2013-09-11T11:33:00","modified_gmt":"2013-09-11T10:33:00","slug":"competition-prompts-australian-investment","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2013\/09\/11\/competition-prompts-australian-investment\/","title":{"rendered":"Competition prompts Australian investment"},"content":{"rendered":"<p>HPH has established bases in Brisbane and Sydney and is attempting to gain access to the stevedoring market in Melbourne, and Dr Meredith says the company feels there is room for new operations, expanded facilities and new technology.<\/p>\n<p>He acknowledged that the competitive position was made complex for incumbents but equally so for a new stevedore, due to the prevalence of \u201cpan Australia\u201d contracts with shipping lines. These cover operations across the whole of Australia, with stevedores packaging their services on the premise of working for carriers in several ports.<\/p>\n<p>\u201cThat makes it difficult for incumbents to handle new people coming in. It also makes it very difficult for new people coming in to take on incumbents. This is unique \u2013 we haven\u2019t had this anywhere else in the world,\u201d he said.<\/p>\n<p>However the fear of losing market share to the new rival had spurred-on stevedoring companies to make some significant technology changes in Australian ports, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prospect of new competition in the stevedoring industry has already had the effect of prompting additional investment in Australian ports, group managing director of Hutchison Port Holdings, Dr John Meredith, has said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[],"sponsor":[],"class_list":["post-3852","post","type-post","status-publish","format-standard","hentry","category-oceania"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=3852"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/3852\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=3852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=3852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=3852"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=3852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}