News
Record $1.6 billion drug bust at Port Botany
POLICE and border authorities have executed a record-breaking drug bust after a tonne of methylamphetamine was found sealed inside shipping containers arriving at Port Botany. The...
NSW Ports calls for stronger rail freight networks
NSW Ports has called for greater investment in rail infrastructure to enhance connectivity between regional producers and the state’s ports. Private investment in the state’s...
Silk Logistics reports bumper FY22
SILK Logistics reported a 2021-22 underlying net profit after tax of $115.8 million – an increase of 45% on the previous financial year. The ASX-listed logistics company’s...
MOL secures deals for six new LNG-fuelled ships
MITSUI O.S.K. Lines has announced plans to build six new ships that will use liquefied natural gas as their main fuel. MOL has signed a construction deal for four new capesize...
WA welcomes milestone on LNG export project
NATURAL gas producer Woodside Energy has commenced construction on a gas-transporting train as part of an LNG export project on the Western Australian coast. The new train is the...
Qantas Freight strong despite group's $1.9 billion loss
DESPITE reporting a loss before tax of $1.9 billion, Qantas said its air freight subsidiary has posted a record annual performance. Qantas released its results for the 2022...
New air freight carbon offset program launched
CATHAY Pacific has introduced a carbon offset program for air freight, powered by a carbon emissions calculator. The program, Fly Greener, follows the launch of Cathay Pacific’s...
ARTC moving forward with Sydney rail projects
THE Australian Rail Track Corporation is pressing ahead on two important rail projects in Sydney, including the $400-million Port Botany Rail Line Duplication project. ARTC said...
WiseTech FY results show big revenue growth
WISETECH Global’s 2021-22 financial year results show big increases in revenue and profits. WiseTech founder and CEO Richard White said the “standout performance” shows the...
Port of Melbourne continues with proposed capacity enhancement program
PORT of Melbourne is working through the next steps in its Port Capacity Enhancement Program. These steps, the port said, would help determine when additional capacity is needed....
Hapag-Lloyd to upgrade 150 ships
HAPAG-Lloyd has announced plans to upgrade 150 ships to technically modernise its fleet and reduce carbon emissions. The launch of the company’s Fleet Upgrade Program follows the...
Container trade volumes up at Port of Melbourne
PORT of Melbourne has reported strong container volumes in July, ahead of the traditional peak season. Total container throughput reached 285,561 TEU last month, up 3.7% on...
Tiwi H2 project awarded major status
THE NORTHERN Territory government has awarded Provaris’ hydrogen export development on the Tiwi Islands major project status. The project, called Tiwi H2, is an integrated...
NSW man jailed for cocaine container shipment
A MAN has been sentenced to nine years in jail for a shipment of 188 kilograms of cocaine found in a shipping container in 2019. The New South Wales man was arrested as part of an...
$15 million supply chain project supports QLD producers
QUEENSLAND’S agriculture sector is positioned to benefit from a $15 million supply chain project boosting access to domestic and international markets. An initiative of Hort...
