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[sharechat] Study finds five ports overcharging

From:	Marilyn Munroe <who.c@res.co.nz>
Date:	Tue, 14 May 2002 20:18:19 +1200

O no they are not!

Well maybe just a bit, but not as much as the study funded by The Captive 
Port Customers' Group makes out.

Shipping companies have been able to obtain port handling charges concessions 
from port co's over recent years.

The wary eyes with which Auckland-Tauraunga and Lyttelton-Timaru watch one 
another suggest that competitive pressures operate.

Quote;

        "The ports' rate of return estimated in the study were: Lyttelton, 19.7 
per     
        cent; "

I reckon that the result obtained by Lyttelton is in part attributable to 
balance sheet discipline.

Boop-boop-de-do Marilyn

Source:                 N Z Herald web site.
Disclosure:     Hold LPC & POA


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Re: [sharechat] Study finds five ports overcharging tennyson@caverock.net.nz

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