Hutchison Port Holdings has signalled a doubling of its presence in the Australian stevedoring market in coming years as port expansion creates opportunities in Victoria and Western Australia.
The Swire Group has taken majority control of Papua New Guinea’s Consort Express Line after buying half of Lutheran Shipping’s shares.
CMA CGM has been given a US$500m credit line from its banks with the line's founder, Jacques Saade, appearing to have lost some power in a management change.
The International Maritime Organization looks likely to control the shipping industry's emissions reduction strategy for the next 12 months at least.
Japan's Kawasaki Kisen Kaisha has signed its first ever long-term charter agreements with mining giant Rio Tinto in two deals which brokers said could be worth around US$186m for the combined life of the charters.
An Australian is feared to be among 26 people missing following the capsize of a livestock carrier which was repeatedly found to have stability issues during numerous safety inspections over the last five years.
New Pacific Line and Austral Asia Line will joint-market their Asia to Pacific Island service from January 1.
Coal exports from the port of Newcastle were disrupted for six hours yesterday when protesters blocked access to the Kooragang Coal Terminal.