QUB qube holdings limited

Competitor DP World to increase east coast port charges, page-2

  1. 11,182 Posts.
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    One paragraph above was incomplete. As usual, the three minute small window 'HC' offers to edit 'got me'. Apologies!

    I meant to say:

    'In theory, above-CPI rises in charges are great for QUB holders but the question as always is 'does this (further) crimp demand? Given the lack of ready alternatives - air freight has always been expensive, and more so during coronavirus, as for instance Tasmania's listed TGR said on one air route its freight costs per kilogram had (amazingly) quadrupled since coronavirus commenced its march, the answer may be 'it doesn't or any adverse effect on demand is barely noticeable'.

    However such big rises, if unrelated to extra capital spending that improves port productivity, may eventually attract the ire of the Federal Government, who then look for a 'solution' that may not be helpful to port operators.



    Last edited by Hopeful9: 16/03/21
 
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