News
Shore leave crucial for seafarer welfare, conference hears
SEAFARERS’ right to enjoy shore leave must be vigorously defended, the Wellbeing at Sea Conference 2026 has heard. The conference, held at the Grand Chancellor Hotel in Adelaide...
Police seize drug load in Port Botany shipping container
THE AUSTRALIAN Federal Police (AFP) says it seized more than 40kg of methamphetamine concealed inside a forklift counterweight at Port Botany last week. Police officers descended...
Wellbeing at Sea Conference 2026 begins in Adelaide
REGULATORS, port operators and maritime caregivers have gathered in Adelaide for the Wellbeing at Sea Conference 2026. Held at the Hotel Grand Chancellor, the event attracted...
Here’s the drill: Transocean buying Valaris
TWO of the world’s biggest drilling fleet owners/operators active in Australasian waters are combining their interests in an all-stock buy-out/merger that values the resulting...
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...
