Industry Analysis & Industry Trends
The Port Operators industry provides general cargo and container ports generally located near major population centres or remote bulk commodity operations near mining sites. The industry depends on international trade, with merchandise imports and bulk commodity exports key drivers of revenue. As more cargo has moved through Australia's ports over the past five years, operators have invested in expanding port facilities, raising rates to fund these expansions. Industry revenue is expected to grow at a robust compound annual rate of 9.4% over the five years through 2014-15. In 2014-15, revenue is forecast to increase by 5.0%, to $3.5 billion. Over the past 10 years, expanding output volumes from the Mining division have propelled industry revenue to new heights... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Port Operators industry has a medium level of concentration, with the top four players accounting for an estimated 45.6% of industry revenue in 2014-15.
Many foreign countries have high levels of ownership concentration in port and maritime industries, often due to government ownership of all major ports. A reason for Australia's more moderate concentration is the vast coastline and the distribution of population across three major eastern seaboard capital cities. Ownership of port operators has historically been held by state governments. The privatisation of some state-owned ports has allowed new entrants into the industry and reduced concentration. Additional fragmentation has been caused by the development of new ports by mining companies... purchase to read more