DP World (Ports, Customs and Free Zone Corporation) - proposed acquisition of P&O Ports (the Peninsular and Oriental Steam Navigation Company)
Summary
DP World (Ports, Customs and Free Zone Corporation) owns, operates and manages container terminals and other port infrastructure around the world. DP World, through DPI Terminals, has a presence in Adelaide. P&O Ports (the Peninsular and Oriental Steam Navigation Company) is a global container terminal and stevedore services provider with a presence in 19 countries, operating 29 container terminals and logistics operations at over 100 ports worldwide. P&O Ports' Australian subsidiaries lease, operate and manage terminals in Brisbane, Sydney, Melbourne and Fremantle.
File number
C2005/1919
Industry
Ports
Outcome
Not Opposed
Date completed
18th January 2006
Market definition
The relevant market for the assessment of the proposed acquisition was considered to be the markets for the supply of stevedoring services in each of Melbourne, Adelaide and Fremantle.
Competition analysis
The ACCC concluded that the proposed acquisition would not result in a substantial lessening of competition in the relevant markets given the limited competitive overlap in the operations of DP World and P&O Ports in Australia.
