Melbourne International RoRo & Auto Terminal Pty Ltd (a wholly owned subsidiary of Wallenius Wilhelmsen Logistics AS of Norway) - proposed acquisition of automotive terminal at the Port of Melbourne

Acquirer(s)

  • Wallenius Wilhelmsen Logistics AS of Norway

Target(s)

  • automotive terminal at the Port of Melbourne

Summary

Melbourne International RoRo & Auto Terminal Pty Ltd (a wholly owned subsidiary of Wallenius Wilhelmsen Logistics AS) (MIRRAT) has submitted a bid to the Port of Melbourne Corporation to redevelop the automotive terminal at Webb Dock West, Melbourne and operate the terminal on an open access basis until 30 June 2040.

Market definition

Please refer to the Public Competition Assessment.

Competition analysis

Please refer to the Public Competition Assessment.

Public competition assessment

Undertakings

Document title Date

Timeline

DateEvent
08/10/2013ACCC commenced review under the Merger Process Guidelines.
24/10/2013Closing date for submissions from interested parties. ACCC assessing information provided during market inquiries and consulting with merger parties on any relevant issues or concerns arising.
11/11/2013ACCC is awaiting further information from MIRRAT. Former provisional date for announcement of ACCC's findings (21st November) is delayed. ACCC will announce a proposed decision date in due course.
30/01/2014Draft 87B undertaking proffered by MIRRAT.
04/02/2014ACCC commenced market inquiries on draft s87B undertaking.
18/02/2014Closing date for submissions regarding MIRRAT's draft s87B undertaking.
03/03/2014Former proposed decision date of 6 March 2014 delayed to allow provision of information from MIRRAT. ACCC will announce a new decision date in due course.
21/03/2014ACCC received further information from MIRRAT.
27/03/2014ACCC announced it would not oppose the proposed acquisition, subject to a section 87B undertaking accepted by the ACCC.