K&S reports big increase in 1H profits, warns of clouds on the horizon
ASX-listed logistics firm K&S Corporation announced its underlying profits before tax for the first half of the 2023 financial increased 105.5% (over 1H FY22) to $24.1 million. In...
Silk Logistics’ revenue increases 39%
SILK Logistics’ revenue increased 39% in the first half of the 2023 financial year to $253.6 million. The company said the growth over the first half of the 2022 financial year...
Qube revenue climbs 23%
QUBE has reported strong growth for the first half of the 2023 financial year, but earnings dropped in its Ports & Bulk division. The logistics giant posted an underlying revenue...
WA government launches freight subsidy for flood-affected businesses
THE WESTERN Australian government has introduced a freight subsidy scheme for businesses impacted by recent floods in the Kimberley region. Floods in December and January damaged...
ACCC loses appeal in NSW Ports competition case (updated)
THE FULL Bench of the Federal Court today (23 February) dismissed the Australian Competition and Consumer Commission’s appeal in a case over the legality of port sale deals...
LETTER TO THE DCN: Court's decision confirms precedent
THE ACCC’s appeal in ACCC V NSW Ports Pty Ltd was unanimously dismissed on 23 February by the Full Bench of the Federal Court. Reasons will be published after the parties have...
International logistics company to trial electric vehicles in Australia
GEODIS has joined with Volvo Australia to pilot the first fully electric variant truck for freight forwarding in the Australian market. This partnership will use Volvo’s fully...
Patrick boosts Port Botany rail capacity
PATRICK Terminals has announced a 30% increase in rail capacity at its Sydney AutoRail Terminal. The container terminal operator has increased the number of train movements at the...
Drilling in Tasmanian port to guide future investment
AN INVESTIGATIVE drilling program has begun at Tasmania’s Port of Burnie. TasPorts believes the 12-week program will provide insight into the underlying geological conditions in...
AMSA detains Hoegh Trooper after Melbourne fire
THE AUSTRALIAN Maritime Safety Authority has detained Hoegh Trooper, which caught fire at Port of Melbourne on the weekend. Norwegian-flagged ro-ro carrier Hoegh Trooper...
NSW Ports unveils offshore wind port facility plans
NSW PORTS unveiled concept plans for a port facility in Port Kembla’s Outer Harbour to support offshore wind projects. Announced on Wednesday (22 February), the plans illustrate...
Sustainable biofuels supply chain trial complete
THE Global Centre for Maritime Decarbonisation has completed trialling two supply chains of biofuel blends sourced from different origins. According to a statement from the GCMD,...
Linx investigates worker's "narrow escape" from burning ship
LINX Cargo Care Group is investigating union claims that a stevedore worker was left on board a ship in Port of Melbourne after a fire broke out on board. According to the...
Port Hedland capacity expansion project underway
THE FEDERAL government is investing $565 million for common user port upgrades in the Pilbara. The government said the investment would help expand the export and import capacity...
Shipping community calls for release of seafarers still trapped in Ukraine
SHIPPING companies, maritime agencies and seafarer welfare providers have issued a joint letter calling on for the immediate release of 331 seafarers and 62 ships still trapped in...
