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Reductions in coal loading charges at Port Kembla



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JOHN SHARP MEDIA RELEASE

FEDERAL MEMBER FOR GILMORE

SHADOW MINISTER FOR SHIPPING AND WATERFRONT REFORM

PARLIAMENT HOUSE, CANBERRA: Tel 06 277 4213, Fax 06 2 7 7 2 1 2 4

REDUCTIONS IN COAL LOADING CHARGES AT PORT KEMBLA

The privatisation of the coal loader at Port Kembla has demonstrated the savings that can be realised through privatisation of port services.

It has vindicated the Coalition's policy for port privatisation.

Since the transfer of the coal loader to a private consortium made up of the major shippers, coal loading prices have been reduced by $1.23 per tonne (a 22% reduction).

At the time of the transfer, the charge was $5.68 per tonne and this has now come down to $4.35 per tonne. This reduction has saved shippers approximately $13 million.

The total throughput for 1989/90 was 9.73 mt, which increased to 13.03 mt in 1990/91, an increase of 34% - but which was met by an increase in throughput from 25,602 tonnes per man per year to 56,673 tonnes per man per year, an increase of 121%.

Mr Sharp said that the added throughput in gross terms has been encouraged by the increased efficiency, which has led to lower costs.

This has meant a more competitive export for the users, and healthier prospects for the port itself.

The experience at Port Kembla has shown what can be achieved.

It remains now to put other port services on a similarly competitive footing and eliminate restrictive and inefficient arrangements.

There is considerable scope for privatisation of other port services such as towage, pilotage and linesmen services to ensure that these operate on the most competitive and efficient basis and reduce export costs as far as possible.

Ends...........WR91/91 Contact: John Wallis

4-9-91 A/H 06 277 4213

COMMONWEALTH PARLIAMENTARY L I B R A R Y MICAH