News
ABC investigation discovers Spirit IV stress
INVESTIGATIVE work by the ABC in Tasmania has uncovered the machinations behind efforts to find interim employment for the first of TT Line’s new Bass Strait ro-paxes, Spirit of...
Approval for Tasmanian windfarm
THE FEDERAL Government on Friday [29 August] approved a contentious windfarm for an island off Tasmania’s far north-west coast, over-ruling vocal local opposition. The $3 billion...
Hutchison orders Botany giants
HUTCHISON Ports Australia has placed an order for two post-Panamax STS cranes for its Port Botany terminal that will enable the handling of 15,000 TEU ships. The custom ZPMC...
COSCO cites “outstanding” first half performance
IN THE face of a highly uncertain external environment COSCO SHIPPING Holdings achieved an outstanding operational performance, resilient growth and retention of a sound financial...
Volumes drive strong Tauranga result
VIRTUALLY every key metric was in positive territory for the Port of Tauranga in FY 2025, according to results released today. Total trade increase 7% on the previous year, to...
HPA joins early settlers
HUTCHISON Ports Australia has joined peers VICT and Patrick in reaching a new four-year enterprise agreement with maritime unions. This EA has also been achieved without...
China-Australia rates hit 24-week high
TRENDS continue to diverge in container freight rates as the Drewry World Container Index maintains its downward spiral while those on Australia’s premier trade lane continue to...
Tauranga’s expansion court in another delay
AN APPARENT legislative failure has further frustrated Port of Tauranga’s 23-year-long effort to expand. The current project, which has been repeatedly bogged down in red tape,...
Port of Auckland beats expectations
A 55% INCREASE in underlying net profit after tax has highlighted Port of Auckland’s 2025 financial results, setting a new record of NZ$85.4 million. PoA says it has surpassed...
VICT settles new four-year EA
VICTORIA International Container Terminal has signed a new enterprise agreement with local unions covering the entirety of its operations until March 2029. The agreement, which...
Another offshore wind project in the doldrums
THE DEVELOPERS of a proposed offshore wind farm in the Hunter Zone have decided not to proceed with the feasibility licence offered by the Australian Government. Novocastrian Wind...
Allegro puts For Sale sign on Strait Link
SYDNEY-based private equity investor Allegro Funds has put Bass Strait shipping and logistics company Strait Link on the market. Strait Link, the former Toll Shipping, was...
Coal goals kicked by Dalrymple
DALRYMPLE Bay Infrastructure, owner of the eponymous Queensland coal terminal, has reported a 17% increase in net profit after tax for the first half of 2025, compared to the year...
Townsville veteran pilots his last
TOWNSVILLE’s Captain Gerard de Silva is piloting his final vessel today, at Abbot Point, after more than 40 years at sea and 18 years at the Port of Townsville. The port says Capt...
New Spirits: one here, one staying in Europe
WITH Spirit of Tasmania IV now undergoing final fit-out in Hobart the Tasmanian Government has announced that sister Spirit of Tasmania V will remain in Europe until the first...
