Industry Analysis & Industry Trends
The Stevedoring Services industry is comprised of stevedores who work at Australian ports loading and unloading ships. Stevedores handle bulk, general and containerised cargo. They also operate sophisticated machinery and systems and handle hazardous goods. Since the industry serves as an interface between shippers, importers and exporters, performance depends on trends in Australian international trade. The industry relies on demand from importers of containerised and general freight and exporters of bulk products. Long-term industry performance is affected by investment in port infrastructure, which can substantially improve productivity.
Over the five years through 2012-13, the industry has held its ground despite volatility experienced through the global downturn... purchase to read more
Industry Report - Starting a New Business Chapter
Potential industry entrants face various barriers. There are substantial costs involved in establishing a terminal and a considerable proportion of this cost may be difficult to recoup on exit from the industry. Even with a low degree of competition in the industry, there is little opportunity for new entrants. Many industry firms lock in contracts for a number of years, limiting the potential for new players to secure existing contracts. Exclusive long-term leasing arrangements with Australian port authorities are the main barrier to entry for new players in this industry.
In theory, a potential entrant into the industry has a better chance of being successful at conventional stevedoring rather than capital-intensive terminal stevedoring... purchase to read more