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The financial impact of coronavirus on infrastructure assets may yet prove to be much wider and deeper than during past stresses, Fitch Ratings' Seth Lehman says.
Transportation in china
S&P Global Ratings expects ‘substantial disruption’ to sector revenue in the first half of 2020 in mainland China and Hong Kong.
Travel restrictions and market volatility mean that neither a private sale or public listing are currently viable, but Brookfield intends to re-start the sale process at an undetermined date.
container terminal
Firms are showing that capitalising on bad trade news today could lead to valuable dividends in the future.
Monopoly ownership came under fire for perceived abuses of power, especially in Australia and the UK.
The Dalrymple Bay Coal Terminal in Queensland is likely to be valued at significantly more than A$2bn, with public market investors particularly interested in backing a regulated, defensive asset, sources say.
Port of Newcastle’s private equity owners face challenges on two fronts as the ACCC appeals a decision over access charging and a port customer files a lawsuit over misuse of market power.
Monopoly
The country's competition watchdog has come out strongly against a decision to remove it as the Port of Newcastle’s regulator, sounding caution about monopoly assets having ‘unfettered market power’.
The fund manager has set targets for its seven Australian assets, covering airports, ports, a railway station and an electricity distribution business - including a 100% reduction by 2030.
The country’s companies ‘are in reasonably good financial shape’, despite slowing economic conditions across the Asia-Pacific region, according to S&P Global Ratings’ Parvathy Iyer.
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