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Dubai World could consider selling assets
Debt-laden conglomerate Dubai World – whose empire includes global ports operator DP World – may sell off assets to raise cash, according to a senior government official quoted by news agencies.
Report sees Sydney challenge to cruise success
Cruise firm Carnival Australia and Sydney Ports Corporation both welcomed an Access Economics report released yesterday that valued the cruise sector at $1.2bn.
Queensland port, rail assets catch Asciano's eye
Asciano chief Mark Rowsthorn has expressed interest in picking up rail and port assets due to become available from the Queensland Government in coming years.
Anchor forces bulker into Gladstone
The bulker Hai Xiang was in port at Gladstone this morning after encountering anchor problems.
Brisbane director on Famous Pacific board
Brisbane executive Michele Dougal has won a seat on the new Famous Pacific Shipping (FPS) board as the Asia-based non-vessel operating common carrier and freight forwarding network restructured its top management
Pockets of good news for Asia-Europe box trade
Freight rates in the Asia to Europe container trades were heading back towards 2008 levels as cargo volumes picked up after the worst slump ever experienced.
