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POTA-MCS deal 'dead', says ACCC
The sale of Sydney empty container park operator Maritime Container Services (MCS) to its rival, P&O Trans Australia (POTA), appears likely to be abandoned after yesterday's strong objection by the competition watchdog.
West Triton leaves to tackle Montara leak
Mobile offshore drilling rig West Triton is expected to leave Batam Island in Indonesia, near Singapore, later today, PTTEP Australasia (PTTEP) has confirmed.
Aircargo exports up 4.3% in June
Airfreight exports from Australia climbed 4.3% in June as import volumes continued their rapid descent.
Neptune Marine bullish as profit triples
Neptune Marine Services underlined the strength of the Australian offshore energy sector today, unveiling a near-tripling of its net profit for the year to June.
No clues as Arctic Sea mystery deepens
Nothing suspicious has initially been found on board Arctic Sea, the general cargoship which hit world headlines after disappearing at the end of last month before being hunted down by the Russian navy.
China's trade continues to struggle
There is little optimism for a resurgence in China’s international import and export markets in the second half of this year, an offshoot of the country’s largest transportation company has warned.
DNV rolls out port state control 'tool kit'
Class society DNV has received a positive response from Australian shipowners and managers to its new port state control (PSC) inspections "tool kit".
