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:...
Port Nelson CEO announces his departure
NEW Zealand’s Port Nelson announced its CEO, Martin Byrne, would stand down from his position later this year. Mr Byrne took up the port’s CEO mantle back in 2004 and led the...
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...
Coal lobby group calls on Queensland government to back Adani project
CHIEF Executive of lobby group the Coal Council of Australia Greg Evans has called for the Queensland government to overcome its hesitation and to back the Adani Carmichael...
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...
NSW Ports-commissioned report finds Botany, Kembla best bets for containers in the state
AN NSW Ports-commissioned report by KPMG concluded that a new container terminal in NSW would not be needed until the mid-2040s, and the best candidate for that terminal would be...
SA roads get the raw prawn, say civil contractors
INDUSTRY body the Civil Contractors Federation has criticised Infrastructure Australia for what they say is the omission of South Australia’s worst roads from the list of high...
Tauranga bullish from half year results
A NZ$49m (AU$47.1m) net profit for the first six months of the 2019 financial year was a highlight for the Port of Tauranga. In results published this week, Tauranga reported...
Cosco and Bolloré do a deal
COSCO Shipping Lines and Bolloré Transport & Logistics have signed a memorandum of understanding to promote closer ties. In the presence of senior figures Wang Haimin and Cyrille...
