Victoria's Port Terminals to Standardize Landside Pricing Tariffs
Following discussions led by the Victorian Department of Transport and Planning (DTP), all three container terminals in Victoria—DP World Australia, Patrick Terminals, and Victoria International Container Terminal (VICT)—have agreed to amend the Victorian Voluntary Pricing Protocol. These changes will standardize their landside pricing tariffs, effective from January 1st of each calendar year. As part of this adjustment, each terminal operator issued a 60-day industry notice on November 1, 2024, with 30-day notices scheduled for early December 2024, ensuring the new tariffs are in place by January 1, 2025. For Patrick Terminals and DP World Australia, which operate in multiple locations across Australia, this change establishes a consistent nationwide commencement date of January 1st for their landside tariffs. The Container Transport Alliance Australia (CTAA) has welcomed this development, as it allows transport operators to inform their landside customers of updated charges annually, covering the two major terminal operators nationwide (Patrick Terminals and DP World Australia) and VICT in Victoria. With all terminal operators agreeing to announce price changes on the same date, they can no longer wait to see competitors' rates before setting their own, eliminating "follow-the-leader" pricing strategies. Furthermore, CTAA also acknowledges the potential for further discussions to align National Voluntary Protocols on container pricing.