News
Diversification key to Qube growth, says Maurice James
A DIVERSIFICATION strategy has helped boost profits for logistics business Qube Holdings, managing director Maurice James believes. Qube has released its interim half yearly...
Fortescue reports steady ore shipment numbers
FORTESCUE Metals Group shipped 82.7m wet metric tonnes during the first six months of the 2019 financial year, according to results released to the stock market. This compared...
Duffy announced as new Arrow CEO
ARROW Transport and Logistics has announced the appointment of Luke Duffy as its new chief executive. Mr Duffy comes to the role having been chief executive of Containerchain...
Automated cranes a boost for Indonesian terminal
A CONTAINER terminal in Indonesia has extended the world’s first commercially operated fleet of Konecranes Automated Rubber Tyre Gantry cranes with nine new ARTGs. The expansion...
Northern ports on lookout for tropical cyclone
PORTS on the coast of central Queensland are keeping an eye out for a cyclone that is currently in the eastern Coral Sea. According to the Bureau of Meteorology, Tropical Cyclone...
GrainCorp excited by prospects for malt
EXPORTER GrainCorp believes strong demand for malt will boost its prospects for 2019. The Australian business has just released its figures for the year ended 30 September 2018,...
Cargotec reports “year of ups and downs”
RECORD high automation orders was a highlight for Cargotec in the 2018 calendar year, according to chief executive Mika Vehviläinen. But Mr Vehviläinen also noted profit setbacks,...
WiseTech bullish despite ASX jitters
AN INCREASE in both revenue and net profit failed to impress investors in WiseTech Global this week, the share price taking a tumble soon after the 2019 half year results were...
Safe Bulkers goes back to black
MARINE drybulk transport company Safe Bulkers has announced increased profits and revenues for the 2018 calendar year compared with the year before. Fourth quarter results were:...
Big container growth reported at major Euro port
PORT of Rotterdam’s total throughput for 2018 finished at 469m tonnes, slightly higher than in 2017, according to management. The 2017 figure of 467.4m tonnes was in itself...
Transport safety reform a theme of conference
NATIONAL Heavy Vehicle Regulator chief executive Sal Petroccitto and National Transport Commission chief planning officer Paul Davies are to address the Victorian Transport...
LOGOS acquires 15.3ha Villawood site from Toll Group
LOGISTICS specialist LOGOS has announced it has exchanged contracts with Toll Group to acquire a 15.3ha development site in the Sydney suburb of Villawood. The deal involves a...
Townsville incident prompts safety review
AN INCIDENT at Townsville Port has highlighted the need for effective risk management, the Australian Transport Safety Bureau says. In November 2015, the general cargo vessel...
Seafaring skills critical and in short supply, says MIAL
INDUSTRY body Maritime Industry Australia has announced the official launch of the maritime industry’s Seafaring Skills Census. The 2018 Census received 169 responses, providing...
Prime Minister and Premier attending Burnie ship-naming ceremony
PRIME Minister Scott Morrison and Premier of Tasmania Will Hodgman were in Burnie on Sunday for the official naming ceremony of Toll’s new ship, Tasmanian Achiever II. Tasmanian...
