AIO 0.00% $9.13 asciano limited

Patrick is part of a stevedoring duopoly that is unlikely ever...

  1. xf1
    263 Posts.
    Patrick is part of a stevedoring duopoly that is unlikely ever to be challenged. That's because the capital cost of setting up another one makes it prohibitive; and, in any case, the customers (shipping companies) are not particularly unhappy — stevedoring costs have been falling in real terms since the 1998 waterfront dispute.
 
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