TasPorts looks forward to the opportunity to work with the Economic Regulator to demonstrate that Bass Island Line shipping service is being delivered within a sound pricing policy framework
Posted
23 November 2022
Bass Island Line (BIL), a wholly owned subsidiary of TasPorts, is providing a safe, dedicated and reliable shipping service for the King Island community.
TasPorts CEO, Anthony Donald acknowledged today’s announcement by the Treasurer to establish an independent inquiry into BIL’s pricing policies.
“TasPorts looks forward to the opportunity to work with the Economic Regulator to demonstrate that this important shipping service is being delivered within a sound pricing policy framework,” Mr Donald said.
“As a State-owned company with a commercial focus, TasPorts’ role is to facilitate trade for the benefit of Tasmanians,” he said.
“We await the Terms of Reference to better understand how we can engage with the Economic Regulator.”
“In the meantime, BIL remains committed to providing a financially sustainable shipping service in a competitive market, which meets the needs of the King Island community, and will continue to work with customer and stakeholders to deliver that,” he said.