News
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...
Record volumes fuel ZIM success
RECORD carried volumes helped global container line ZIM Integrated Shipping Services to its best-ever results in 2024. In its 2024 and fourth quarter financial report released on...
Chamber says bleak picture if gas is jeopardised
THE CHAMBER of Commerce and Industry in Western Australia has sided with Woodside in a review into the state’s gas sector which paints a bleak picture if gas supplies are...
Air cargo demand boosts Cathay profit
STRONGER air cargo demand has helped drive a profit for the Cathay Group of HK$8.8 billion for 2024. The solid performance was helped by higher passenger volumes, lower fuel...
PIL names container vessel Kota Embun in China
THE FIRST Pacific International Lines (PIL) vessel to carry a bow windshield was named in a ceremony in China this week. The Kota Embun is the fourth 14,000 TEU LNG dual-fuel...
Woodside boss makes plea for certainty
WOODSIDE Chief Operating Officer Liz Westcott has made a passionate plea for certainty from governments to provide North West Shelf gas approvals beyond 2030. Speaking to Energy...
Gold Valley to arc up iron ore rail
FREIGHT rail operator Arc Infrastructure will more than double its annual iron ore output from Gold Valley’s Wiluna West Iron Ore Project to the Port of Esperance in Western...
Austal raises $200 million for US expansion
SHIP BUILDER, Austal has raised $200 million to expand its US ship building capability at its Mobile, Alabama shipyard. The capital will be used to fund the FA2 infrastructure...
Hanseatic joins in on container expansion
HANSEATIC Global Terminals have joined the list of container lines expanding vertical penetration of the supply chain by acquiring a majority stake in terminal operator CNMP LH in...
North Sea collision highlights safety issues
A MAJOR collision in the North Sea between a cargo ship and a fuel tanker has highlighted the dangers of crowded sea lanes. The stationary tanker was carrying jet fuel for the US...
