News
Minerals and beef boost Queensland trade stats
EXPORTS of coal, LNG and beef have been flagged as reasons for an increase in value of Queensland exports in the 12 months to November 2018. Trade figures for the 12 months to...
Analysts report slight reduction in coal trade
AUSTRALIAN shipments of coal to China fell 2.1% to 78.4m tonnes in the first eleven months of 2018, analysts Banchero Costa have reported. This was largely as coking coal (also...
ABS reports November trade surplus
A SURPLUS of $2.26bn was reported in November by way of the trade in Australian goods and services, the Australian Bureau of Statistics has revealed. According to the ABS, in...
Port of Newcastle bulk terminal takes a step towards completion
PORT of Newcastle has completed the dismantling of the old ship unloaders at its Newcastle Bulk Terminal, as part of a renewal project. There are bulk cargo hoppers in place to...
Bauxite shipment from Bell Bay announced
AUSTRALIAN Bauxite Limited (ABx) announced a shipment of 30,000 tonnes of bauxite from Tasmania’s Bell Bay Port planned for around 1 March, according to an announcement to the...
FMG’s first shipment of West Pilbara Fines
THE first shipment of Fortescue Metals Group’s new 60.1% iron content product West Pilbara Fines, has left Herb Elliott Port in Port Hedland bound for Hunan Valin Steel Co in...
Pilbara ports see small decrease throughput
PILBARA Ports Authority has reported throughput for November to be 54.4m tonnes, a 3% decrease when compared to the same month last year. Port Hedland’s throughput sat at 39.7m...
HHL files for insolvency
TOUGH operating conditions have been listed as a reason for Hansa Heavy Lift to this week file for insolvency. The application was made in a German court. In a statement emailed...
Sugar code of conduct ensure exports, says government
AUSTRALIAN sugar exporters are better placed to maximise their trade following a four-year extension to The Sugar Code of Conduct. That’s the view of agriculture minister David...
New initiative to promote responsible ship recycling
“A TOOL for sharing information on ship recycling” is how a new initiative aimed at encouraging responsible ship recycling has been hailed. The Ship Recycling Transparency...
MOL LNG carrier rescues Castaway off PNG
MOL president and chief executive Junichiro Ikeda has confirmed their ship LNG Fukurokuju rescued a castaway 330km off New Ireland, Papua New Guinea. According to a statement from...
President Xi inspects Panama Canal locks
PRESIDENT of China Xi Jinping has inspected the new neo-panamax locks at the Panama Canal as part of a visit to the small Central American nation. President Xi and his Panamanian...
Bulk exports support trade surplus over the past year
SURGING coal, iron ore and LNG exports have made a major contribution to Australia’s trade surplus for October, according to minister for resources and northern Australia Matt...
LNG imports may be coming to Newcastle
PORT of Newcastle has inked a deal with South Korean project development company EPIK to develop a floating storage and regasification unit (FSRU) at the port for the import of...
First bauxite shipment from Amrun departs for Gladstone
THE first shipment of bauxite from Rio Tinto’s Amrun project on Cape York departed six weeks ahead of schedule, bound for Gladstone. More than 80,000 tonnes of bauxite was loaded...
