Subscribe to RSS feedPorts show poor return on assets
A selection of ports have a return on assets of less than their comparable counterparts, according to a report by Infrastructure Australia (IA).
Port Hedland. Photo - Southern Cross Maritime
The report was undertaken by Deloitte.
The average return on assets of the eight Australian ports was 2.1% compared to 5.2% for the seven comparison ports which include Singapore, Sydney, Auckland and Vancouver, IA said.
“In part this reflects relatively low revenues...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
