Wheat export

ACCC exempts Graincorp’s Newcastle port terminal under new wheat code

The Australian Competition and Consumer Commission has granted an exemption for GrainCorp’s Carrington terminal at the Port of Newcastle under the new mandatory Code on bulk wheat terminal access.

The Code commenced on 30 September 2014, replacing the previous regime of access undertakings administered by the ACCC. It regulates monopoly bulk wheat port terminal operators to ensure that exporters have fair and transparent access to terminal facilities.

Determination

On 1 October 2014, the ACCC made a decision under the Port Terminal Access (Bulk Wheat) Code of Conduct that GrainCorp is an exempt service provider of port terminal services provided by means of its Carrington bulk grain port facility at Newcastle.

GrainCorp Newcastle exemption

The ACCC has granted an exemption for GrainCorp’s Carrington terminal at the Port of Newcastle under the new mandatory Code on bulk wheat terminal access.

The Code commenced on 30 September 2014, replacing the previous regime of access undertakings administered by the ACCC. It regulates monopoly bulk wheat port terminal operators to ensure that exporters have fair and transparent access to terminal facilities.

Withdrawal

On 8 September 2014, CBH withdrew its proposed 2014-17 undertaking. Accordingly, the ACCC will not be making a final decision in relation to that undertaking.

ACCC issues draft decision on GrainCorp's wheat port access undertaking

The Australian Competition and Consumer Commission has issued a draft decision proposing to consent to GrainCorp Operations Limited’s (GrainCorp) application to extend and vary its 2011 Port Terminal Services Access Undertaking.

GrainCorp’s 2011 Undertaking governs third-party access to port terminal services at GrainCorp’s East Coast Australian bulk grain ports. The undertaking is currently set to expire on 30 September 2014 with a mandatory code of conduct anticipated to commence on 1 October 2014.