09

Scott Group and Stuart Petroleum in Port Bonython diesel project link

by LLDCN 11:50AM, 09 Aug 2007

Analysts downplay prospects for Asciano/Toll takeover of Brambles

by LLDCN 11:50AM, 09 Aug 2007

Airfreight price-fixing cartel list grows to 35 airlines

by LLDCN 11:50AM, 09 Aug 2007

ACCC to announce Westgate findings on August 22

by LLDCN 11:50AM, 09 Aug 2007

Fortescue not feeling pressure to raise $1bn quickly

by LLDCN 11:50AM, 09 Aug 2007

Vaile backs Perth Airport logistics hub eyed by Linfox

by LLDCN 11:50AM, 09 Aug 2007

Correction

by LLDCN 11:50AM, 09 Aug 2007

ASA: Vaile confusing coastal argument

The Australian Ship-owners Association (ASA) has expressed surprise that the Federal Government should attempt to connect port productivity with coastal shipping reform, claiming the issues were completely unrelated.

Baltic Dry Index hits new high

The Baltic Dry Index rose seven points to hit 7,000 for the first time last week, the latest landmark in a surge that has seen the yardstick reach record levels for seven successive sessions, pushing it way beyond the previous peak of 6,208 of December, 2004.

Darwin ships first bio fuel

Australia's Darwin-based largest biodiesel plant has made its first export shipment of the alternative energy source.

DP World holding back Botany investment amid uncertainty

The New South Wales Government has refused to be drawn on whether delays to the ratifying of DP World's lease agreement at Port Botany had contributed to landside inefficiencies.

GA lines to change north-south routes

Grand Alliance member lines have extended their cooperation with a groundbreaking 10-year pact that is expected to lead to a raft of new services, particularly on east-west and north-south trades, increased sailing frequencies, and new vessel deployments.

Maersk-Fonterra relationship generates $3m in cost savings

A strategic relationship between New Zealand exporter Fonterra and Maersk Logistics had resulted in a US$3m logistics cost saving, with the potential to develop into a services-for-hire supply chain business in its own right, the companies said last week.

Melbourne pilot convicted and fined over collision

Melbourne pilot Peter McKeown was given a criminal conviction and fined $5,000 on Tuesday after pleading guilty to one charge under the Marine Act of negligence, causing serious damage to a vessel or its cargo.

National intermodal network needed: ALP

Federal Labor would build a national intermodal network in a bid to improve Australia's landside logistics efficiency, shadow transport minister Martin Ferguson said last week.

Ocean forecasts to catch up with weathermen

Commercial shipping lines are set to benefit from vastly improved oceanographic data that could identify the most time and fuel-efficient shipping routes, following the release of a new ocean forecast system by the CSIRO.

Pies and pizza in $6,683.10 Pasha tab

New South Wales ports minister Joe Tripodi will bill Japanese shipowners Fukujin Kisen for the cost of his stay in Newcastle during the Pasha Bulker refloat.

Share prices slip after record run

Listed maritime and transport and logistics companies have caught some of the US subprime malaise along with most of the stock market, marking the months of May and June as the end of a record-breaking share-price run.

WA gives Mount Gibson nod for Midwest plans

Mount Gibson Iron has cleared environmental hurdles after Western Australian environment minister David Templeman rejected Environmental Protection Authority advice about the possible effects on native vegetation.

Loads of care

The delivery of 1,800 new commercial aircraft in the next 18 months posed a tough challenge to the industry, the International Air Transport Association said.

Qantas seeks slice of Asian boom

The centre of the airline world is moving inexorably towards Asia, dragging the airfreight sector and Qantas with it, according to chief executive Geoff Dixon.

Qantas unmoved by report on cartel fine

Qantas has downplayed a media report last week that it said it was “likely” to have engaged in price-fixing and therefore may face fines of hundreds of millions of dollars.

A new approach to choosing the right port

Earlier transport chains were highly fragmented, uncoordinated and inefficient, and for ports were important but weak links in the chain.

Last hurrah at sniff of defeat

The six-week public inquiry has been completed, the people have had their say and now it is down to Professor Allan Hawke and his fellow panellists to pore over the issues and deliver in October a final verdict on whether the port of Melbourne channel deepening project can proceed.

Bunker price may nosedive

Japan-based bunker supplier International Bunker Services forecasts that oil prices will nosedive over the next 12 months as US consumer spending slows, affecting the global economy.

Bunkers further from harm's way

International Maritime Organisation legislation requiring bunker tanks to be protectively located inside ships' double hulls came into force this month.

Carrier drives profit up 37%

Global demand for automobiles has lifted Wilh. Wilhelmsen's quarterly profit by 37%, but the car carrier still cannot find the ships to keep pace with manufacturers' needs.

Evergreen in waiting game

Established in 1968, Evergreen has long been used to being among the top box players and is ranked No. 4 in the world.

Funds plan to spend at ports

Financial institutions that have bought three container terminals in the port of New York and New Jersey this year are committed to expansion.

Jinhui profits whet Genco's appetite

Genco Shipping & Trading's investment in the shares of Oslo-listed dry bulk company Jinhui Shipping has resulted in an unrealised profit of US$57.8m based on Wednesday's closing price, the Peter Georgiopoulos company said.

Making waves in port league

The amalgamation of P&O Nedlloyd into Maersk Line had a considerable impact on the fortunes of some of the world's major container ports last year, according to figures published this week.

New injunction against Saad

CMA CGM has obtained a new restraining order in the English High Court against Johnny Saad and Mistral Holding.

Teekay says spot tankers set to boom

Teekay has accompanied strong second-quarter results with a positive view of prospects in the tanker market for the next 18 months.

US bridge too low for giant new boxships

Asian shipbuilders working on designs for a new generation of mega-containerships able to transit the enlarged Panama Canal have overlooked one vital factor.

V.Ships in Chinese venture

The brokerage and bunkering subsidiary of V.Ships, V.Commercial, has launched a 50-50 joint venture with shipbroker Norstar Shipping that will focus on the brokerage and placement of newbuilding orders at Chinese yards.

High-tech focus on collapse

It could take 18 months to complete the investigation of the eight-lane Interstate 35W bridge over the Mississippi River during evening rush in Minneapolis last week.

Coal producers make their Point

Continued pressure from Queensland coal producers has forced the State Government's hand: Abbot Point will double in size in an effort to relieve the congested coal chains to the south.

Mourilyan takes on wood, cattle

The Port of Mourilyan, traditionally a sugar cane port about 1,600 km north of Brisbane, is setting itself up to expand into new markets.

Study gives LNG project a big tick

A pre-feasibility study had found the Gladstone LNG project is technically and commercially viable, Perth firm Liquefied Natural Gas (LNG Ltd) said late last month.

Townsville growth sees trade boom

There was a time, not so very long ago, when Townsville was a relatively quiet business centre for north Queensland, playing host to a large army garrison, the region's tax office and a range of other government agencies, as well as James Cook University.