Plans announced for kiwi inland port
TAINUI Group Holdings and Port of Tauranga have announced they plan to develop a 50:50 joint venture to make the Ruakura Inland Port at Hamilton a reality within two years. The...
Freight and rail focus a feature of Infrastructure Priority List
INDUSTRY groups says a focus on freight and rail is a positive element of the latest Infrastructure Australia priority list. The list was released this week and serves as an...
Qube reports first half growth “despite headwinds”
QUBE Logistics has reported underlying revenue up 12.9% to $970.1m and underlying NPATA up 5.1% to $76.3 million for the first half of the 2020 financial year. However the picture...
KPI Bridge Oil agrees merger with OceanConnect Marine
SUBJECT to the receipt of regulatory approval, KPI Bridge Oil and OceanConnect Marine will merge to form a new brand and entity, KPI OceanConnect. The merger will create one of...
Virus causing surge in insurance cargo claims, expert says
HEAD of marine and trade at international law firm DWF, Jonathan Moss, says there will be an increase in cargo-related insurance claims as the coronavirus impacts the...
Toll hit with industrial action
TOLL Australia has been hit with industrial action, with the Maritime Union confirming a 24-hour stoppage starting noon on Friday February 21. This stoppage is being followed by...
The Mission to Seafarers calls for nominations
INTERNATIONAL seafarer welfare charity, The Mission to Seafarers, is calling on the maritime community to propose individuals and organisations that have made significant...
Virus forces rescheduling of key logistics conference
THE Intermodal Asia conference, originally scheduled for March 2020, has been rescheduled for 14–16 July in Shanghai following the recent outbreak of coronavirus. Group director...
DP World set to be bought out on Nasdaq Dubai
DP WORLD parent company Port and Free Zone World has offered to buy the 19.55% of DP World’s shares traded on Nasdaq Dubai, thus returning the company to private ownership. DPW is...
Summer crop production tipped to drop by 66%
IN ITS Australian crop report – February 2020, the Australian Bureau of Agricultural and Resource Economics says production prospects for summer crops in Queensland and northern...
Maersk seeks to lift stay of proceedings
A COMPANY part-owned by Maersk has applied to lift a stay of proceedings in a Federal Court action against NSW Ports. Maersk subsidiary APM Terminals has a 50% stake in Mayfield...
PIL to leave trans-Pacific market to focus on north-south trade
PACIFIC International Lines has announced it will be withdrawing its services from the trans-Pacific market, as part of efforts to “optimise its network efficiency”. PIL’s last...
Union and shipping line at odds over virus risk
WATERFRONT workers fear they are being put at risk from container ships from China, according to the Maritime Union. The MUA has issued a statement saying workers at Webb Dock...
Hyundai Merchant Marine Australia joins Shipping Australia
INDUSTRY body Shipping Australia has welcomed Hyundai Merchant Marine Australia as a full voting member. HMM Australia is part of Korean logistics giant Hyundai Merchant Marine....
A.P. Moller-Maersk appoints new CFO
A.P. Moller-Maersk has announced its appointment of chief financial officer as Patrick Jany who is also a member of the executive board. Mr Jany who is a German citizen, has had...
