Qube signs off on $11.7bn Macquarie takeover
THE BOARD of Qube has signed off on the $11.7 billion sale to Macquarie Asset Management and its investors, including UniSuper. Shareholders were recommended by the board...
Hapag-Lloyd breaks cover on ZIM buy
IN WHAT is being acclaimed as a clever navigation of a difficult situation Hapag-Lloyd has announced it is in advanced negotiations for a potential acquisition of Zim Integrated...
Bulk business hikes for Aurizon's half year
ASX-LISTED rail freight operator Aurizon has reported a group EBITDA of $891 million for the half-year ending 31 December 2025. The overall result represented a 9% increase...
Hobart’s LSA wins major Canuck contract
HOBART’s Liferaft Systems Australia (LSA) has signed a lucrative new contract with long-term customer BC Ferries of Canada to marine evacuation systems (MES) for four new ferries...
Contract awarded for PNG FSO
MALAYSIA’s MISC Berhad is to provide Papua New Guinea’s first floating storage and offloading vessel (FSO), having won a 15-year contract with ExxonMobil. The bareboat charter,...
Fortescue adds electric locomotives to decarbonisation push
FORTESCUE has continued its push for decarbonisation of its Pilbara iron ore operations with the addition of two new battery electric locomotives for its rail network. A Fortescue...
Record grain harvest from WA
WESTERN Australia has produced its biggest grain harvest on record. The state produced a 27.352 million tonne harvest making grains the major contributor to WA's agriculture...
Baltic Exchange Weekly Report - 13 February 2026
THE BALTIC Dry Index rebounded last week, finishing at 2083 for the week ending 13 February 2026, up from the previous week's 1923. Capesize The Capesize market started the week...
Southern WA gets call to apply for Port community funding
SOUTHERN Ports is calling for communities across the south of Western Australia to apply for grass roots funding. Regional community initiatives throughout southern Western...
Global logistics figure quits after Epstein files release
A SIGNIFICANT investor in Australian logistics has welcomed a decision by Sultan Ahmed bin Sulayem to quit as DP World chair and chief executive after being named in...
Austal US accounting blunder leads to 25% fall in stocks
AN ACCOUNTING blunder in West Australian-based shipbuilder Austal’s US division has resulted in a US$17.1 million overstatement in the company’s FY2026 EBIT guidance. In a...
Gladstone Ports welcomes new apprentices
FOURTEEN new apprentices and trainees will begin their careers at Gladstone Ports Corporation (GPC). One of Central Queensland’s largest employers, GPC says it is investing in...
Wrecked vessels prompt Dampier shipping warning
TWO recreational vessels, sunk in the Port of Dampier duringTropical Cyclone Mitchell have prompted a warning from Pilbara Ports. The two vessels at the Hampton Harbour Causeway...
World Container Index – 12 February 2026
THE DREWRY World Container Index (WCI) fell for the fifth consecutive week, down 1% to $1,933 per 40ft container primarily due to a drop in rates on the Transpacific and...
New welfare officer for Port of Esperance
LONG-time port welfare officer for The Mission to Seafarers at the Port of Esperance, Fred Lochowicz has retired. His replacement, Robyn Blackman, says she has big shoes to fill...
