icon-ports Ports price monitoring report 2015

  • Project Released: 24 Nov 2015
  • Project Closes: 24 Nov 2015
  • Contact: Nathan Petrus

Overview

The Commission has released its 2015 Ports Price Monitoring Report to provide stakeholders and the general public with information on charges across six of Flinders Ports' commercial ports.

Status

Current status is Final

  • Final

Final

The Commission has released its 2015 Ports Price Monitoring Report, providing information on price movements for Essential Maritime Services (EMS) and pilotage services across six of Flinders Ports' commercial ports.

In monitoring ports charges, the Commission evaluates Flinders Ports’ price increases against changes in the Consumer Price Index (CPI), with the requirement that Flinders Ports must provide reasons to the Commission to explain any rise in prices above CPI.

Port service charges - changes and comparisons with CPI
Port Service Average Price Increase Adelaide CPI Difference
Cargo (EMS) 1.5% 1.1% 0.4%
Harbour (EMS) 2.9% 1.1% 1.8%
Navigational (EMS) 2.7% 1.1% 1.6%
Pilotage 5.1% 1.1% 4.0%

 

For Pilotage Services, Flinders Ports has advised that the key drivers underpinning the above-CPI price increase were increased wage costs and depreciation charges (associated with Flinders Ports’ acquisition of two new pilot vessels). These two cost components contributed 3.2 per cent and 1.1 per cent respectively to the overall 5.1 per cent increase in Pilotage Service charges from 1 July 2015.

Flinders Ports has provided assurances to the Commission that ports users were consulted prior to the implementation of the 2015-16 price increases, and that no concerns relating to these prices were raised. In addition, no concerns have been raised with the Commission over price increases following their publication by Flinders Ports.