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Full airfreight recovery years away says IATA
Global demand for air cargo in June was 16.5% lower than the same period last year and may not fully recover for "several years", according to the International Air Transport Association (IATA).
No sale as Tasmanian rail deadline passes
The sale deadline for the Pacific National Tasmania (PNT)-owned Melba Line passed on Friday without the deal being finalised.
Crew missing as storm claims ships off Norway
Six seafarers are missing after a Norwegian International Register-flagged general cargo ship sank in Swedish waters on Friday.
Parties meet on Newcastle arrival concerns
Hunter coal chain stakeholders now appear to understand the full ramifications of a vessel arrival system being trialled at the port of Newcastle, Shipping Australia said this morning.
Port Alma earmarked for big things
Coal was expected to drive the development of Port Alma to become a major Queensland export facility, Gladstone Ports Corporation (GPC) confirmed last week.
GrainCorp upgrades profit forecast
GrainCorp has increased its 2009 net profit forecast by as much as 50% as demand from new bulk and wheat exporters generated a better than expected level of grain receivals.
Gang seizes ship after impersonating police
Swedish police are investigating allegations that a gang of masked men impersonating police officers boarded a general cargoship while it was in Swedish waters last week.
