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
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.