News
Singapore gets a taste of Queensland beef
QUEENSLAND’s agriculture minister, Mark Furner has showcased the Five Founders beef brand at a dinner in Singapore as part of south-east Asia trade tour. “The North Australian...
ANZ appointed financial adviser for Newcastle gas terminal
EPIK, a liquefied natural gas project development company, has announced it has appointed Australia and New Zealand Banking Group to serve as financial adviser for its Newcastle...
Baltic Exchange seeks to raise Asia-Pacific profile
BALTIC Exchange chief executive Mark Jackson and Baltic Exchange Asia head Lu Su Ling have visited Melbourne for a lunch organised with Maritime Industry Australia. Mr Jackson has...
Freight volumes boost TasPorts’ bottom line
THE highest freight volumes since 2008 have propelled TasPorts to a record net profit for the 2018/19 financial year. The net profit of $12m was up from $5.8m in 2017/18....
Pirates kidnap mariners from Norwegian bulker
NORWEGIAN shipping company JJ Ugland has reported nine crew members from one of its ships have been seized by pirates off the west coast of Africa. The bulker MV Bonita (IMO...
NHVR expands exemption to fatigue-related heavy vehicles
ASSISTANT Minister for road safety and freight transport Scott Buchholz said the federal government worked with the National Heavy Vehicle Regulator to extend the personal use...
FMG hails ethnic and gender diversity in annual results
A DIVERSIFIED board of directors has been named as a factor in “outstanding results” announced by Fortescue Metals Group for the financial year just gone. The results were:...
Portable gangway injury prompts safety warning
INJURIES to two crew members on a bulker has prompted a safety warning about the importance of adhering to “best practice” while working aloft. The incident occurred in early...
Viva Energy’s response to IMO2020
MANUFACTURED locally at Viva Energy’s Geelong Refinery, its new very low sulphur fuel is the first of its kind to be produced in Australasia. The fuel, which has been in...
Business caution not trade wars causing slowdown: Deloitte
BUSINESS advisory firm, Deloitte Access Economics, has released its quarterly Economics Investment Monitor, which suggests that although trade wars continue to dominate the...
Newcastle welcomes wharf pricing decision
PORT of Newcastle has welcomed an Australian Competition Tribunal decision this week regarding navigation and wharf pricing. The matter related to a dispute between Glencore Coal...
Australian and Indonesian coal export volumes “positive”
COAL trade in the Pacific basin has been “generally positive” this year, benefiting exporters from both Australia and Indonesia, analysts Banchero Costa say. During the first nine...
Glebe Island multi-user facility approved
A NEW import, storage and distribution facility has been approved for construction at Glebe Island in Sydney Harbour. The Port Authority of New South Wales’ planned Multi-User...
Potential identified for Vietnam as a coal transhipment hub
TRANSHIPMENT specialist, Shi.E.L.D. Services, believes there growth in demand in Vietnam for coal, heightening that nation’s importance as a transhipment hib. This follows a...
LNG carriers to be equipped with TMC compressors
TMC Compressors of the Seas has signed a contract to supply a complete marine compressed air system and associated equipment to four of TMS Cardiff Gas Ltd’s LNG carriers. The...
