QSL is one of the largest and most efficient bulk sugar terminal operators in the world.
The QSL Operations division operates six bulk sugar terminals in Queensland under a strategic Operating Agreement with terminal owners Sugar Terminals Limited (STL).
Key elements of the Operating Agreement are as follows:
The agreement commenced on 1 July 2017 and included transitional arrangements to deal with 2017 season sugar received prior to 1 July 2017.
The agreement has an initial five-year term, with a three-year rolling term thereafter.
Marketers and terminal users, including QSL, contract directly with STL for terminal access.
Ring-fencing provisions, similar to those in place in other industries, ensure QSL's Logistics Division and Marketing Division are managed and operated separately, thus addressing industry concerns about confidentiality and conflicts of interest.