Shipping laws ‘take toll’ on refineries

Original article by Annabel Hepworth
The Australian – Page: 21 : 12-Nov-14

An Australian Maritime Safety Authority event on 12 November 2014 will be addressed by Deputy Prime Minister Warren Truss. He will argue that industries such as petroleum refining are being negatively affected by the cabotage regulations rolled out under the previous federal government’s Coastal Trading Act. Truss will claim that the added cost per vessel and per annum is $A6.5m. Refining in Australia is in decline, with just five major operations left and some four fifths of all fuel and crude already being imported

CORPORATES
CALTEX AUSTRALIA LIMITED – ASX CTX, BHP BILLITON LIMITED – ASX BHP, EXXONMOBIL AUSTRALIA PTY LTD, SHELL COMPANY OF AUSTRALIA LIMITED, BP AUSTRALIA LIMITED, AUSTRALIAN INSTITUTE OF PETROLEUM LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. MARITIME SAFETY AUTHORITY, AUSTRALIAN LABOR PARTY

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