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Toll turnaround, posts $275.2m net profit
Toll bounced back into the black this financial year with a $275.2m net profit for the year to June revealed yesterday.
West Triton en route to Montara
PTTEP Australasia (PTTEP) experienced a minor hitch yesterday in getting the West Triton mobile offshore drilling rig to leave Indonesia's Batam Island bound for the oil and gas leak at its Montara field.
Toll coy on Brambles merger speculation
Toll Group had no plans to respond to reports that it was in talks with CHEP pallets owner Brambles over a friendly merger, a company spokesman said today.
Patrick sets Melbourne crane move record
Productivity at Asciano's Patrick stevedoring arm was given a boost last night with a record number of crane moves in one shift in Melbourne.
DP World looks for options as volumes tumble
Dubai's DP World saw consolidated first-half volumes at its 49 global box terminals drop 10% to 12.3m teu, while revenues fell 13% to US$1.4bn for the six months to June.
Port Botany expansion ticks environmental box
Port Botany's $1bn container terminal expansion, now in its second year, has passed its first annual environmental audit, New South Wales ports minister Joe Tripodi said.
Somali pirates active again after monsoon lull
An attack on an Italian-operated general cargoship this week raised prospects that Somali pirates may be gearing up for a new round of attacks following a lull during the monsoon season.
Asia-Pacific airfreight falls 9.5%
International airfreight in July plummeted from the same period last year led by a massive deterioration in volumes recorded by African carriers.
