News
Woodside signs major China LNG deal
DESPITE Woodside CEO Liz Westcott expressing concerns about the future of LNG at last week’s Energy Exchange Australia conference the oil and gas producer has signed a major...
Convoy to protest against live sheep ban
THOUSANDS of people opposed to the live sheep export ban will leave their rural communities to protest on the streets of Perth on 28 March. The Keep the Sheep Campaign Launch...
Happy 58th birthday PIL
PACIFIC International Lines (PIL), turns 58 today, according to a post on Linkedin. The shipping line was officially incorporated in Singapore on 16 March 1967 and according to...
Green Pioneer in London to push green fuels
FORTESCUE’S Green Pioneer has arrived in London as part of a push to fast-track international shipping’s transition to green fuels. The arrival of the world’s first dual-fueled...
Evergreen reports 58% jump in profit
TAIWANESE liner operator, Evergreen, has reported a jump in revenue of 68% year on year turning over TW$463 billion in 2024. Net profit, at TW$139.45 billion, was up 58% compared...
US attacks heighten Red Sea tensions
TENSIONS in the Red Sea are on the rise again with the US launching airstrikes against Houthi military sites in Yemen as a Houthi spokesperson threatened to escalate attacks on...
Record revenue for DP World
DP WORLD has reported a record $20 billion revenue and record EBITDA of $5.5 billion for 2024. In a release announcing the new records, the UAE-based company said revenue had...
DP World: ‘ACCC decision not final’
DP WORLD plans to continue its bid to acquire Silk Logistics in spite of concerns expressed by the ACCC yesterday. In a media statement issued on 14 March DP World acknowledged...
Apex Voyager stuck in Brisbane
THE PORT of Brisbane is back to normal operation and the Brisbane River was reopened on 14 March to commercial traffic in the wake of ex-cyclone Alfred. The bulk carrier Apex...
Minister: LNG vital but decommissioning is not a government job
FEDERAL resources minister Madeleine King has hit back at concerns raised in speeches at the Energy Exchange Australia conference in Perth about the future of LNG. She told the...
Strong result encourages Yang Ming deployment plans
WITH THE container shipping industry capacity growing by around 3 million TEUs, it according to Yang Ming Marine Transport Corporation. The corporation, in its 2024 financial...
OOCL warns of challenges to container industry
ORIENT Overseas (International) (OOCL), one of the world’s biggest integrated container transport businesses has warned of challenges to the industry in its annual report. While...
Victoria moving grain from road to rail
THE VICTORIAN state government wants to shift more grain movement to rail from road. It plans to get more grain moving to port and reducing the reliance on trucks on regional...
ACCC warns against DP World’s Silk takeover
CONSUMER watchdog, the ACCC is concerned that DP World Australia’s proposed acquisition of Silk Logistics has could lead to higher prices and reduced quality for Australian...
Rail returns in Alfred’s wake
IN THE WAKE of ex-tropical cyclone Alfred, the first intermodal train has arrived in Brisbane. Supplies are now moving to North Queensland according to a Linkedin post on Pacific...
