The Australian Competition and Consumer Commission has found that competition between the two container stevedores Patrick and DP World is not intense, but that bringing in a third stevedore at Brisbane and Sydney will put pressure on the incumbents to compete to retain existing customers and win additional business.
The ACCC reports container volumes through Australia rose 5% in 2009/10.
With demand at the five major container ports tipped to almost triple by 2029/30, increased competition would encourage stevedores to invest in terminals and maximise use of existing facilities, it said.
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