CW breaking news – ACCC gives conditional approval for Carnival & Port of Brisbane deal
May 10, 2018
New Brisbane cruise terminal set for go-ahead. A deal to construct a new $158 million mega cruise ship terminal in Brisbane has received approval from the ACCC, subject to two conditions. Under the agreement, Carnival will pay a fixed annual amount to the Port for 15 years in return for preferential berthing...
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A deal to construct a new $158 million mega cruise ship terminal in Brisbane has received approval from the ACCC, subject to two conditions.
Under the agreement, Carnival will pay a fixed annual amount to the Port for 15 years in return for preferential berthing rights at the new terminal.
Carnival will receive first pick of 100 days at the terminal each year, up to a maximum of four days a week.
Under the first condition of authorisation, Carnival would not be able to book more than two of the three “weekend days” (Fri, Sat and Sun) in any given week.
The second condition is that if the terminal is expanded in the future to provide a second berth, Carnival cannot be given the first right of refusal for an agreement which would give it first choice of days at that berth.
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