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Hutchison eyes further Australian expansion
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.
Swire takes control of PNG's Consort line
The Swire Group has taken majority control of Papua New Guinea’s Consort Express Line after buying half of Lutheran Shipping’s shares.
Credit offered to CMA CGM as new chief named
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.
No deal for shipping to foot climate change bill
The International Maritime Organization looks likely to control the shipping industry's emissions reduction strategy for the next 12 months at least.
K Line locks in charter deals with Rio Tinto
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.
Australian missing after livestock carrier sinks
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.
NPL, AAL to joint-market Asia-Pacific service
New Pacific Line and Austral Asia Line will joint-market their Asia to Pacific Island service from January 1.
Protestors disrupt Newcastle coal exports
Coal exports from the port of Newcastle were disrupted for six hours yesterday when protesters blocked access to the Kooragang Coal Terminal.
