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UK's Freightliner enters Australian rail market
Two years after first setting foot in the Australian market, UK freight rail group Freightliner has begun bulk cotton haulage in New South Wales.
Tasports hunts for new chief executive
Tasmanian Ports Corporation (Tasports) has begun the search for a new chief executive after the incumbent, Robert Barnes, advised the board he would not renew his contract in October.
Seven dead, 23 missing after standby vessel sinks
Seven bodies were recovered yesterday after the sinking of a safety standby vessel close to Doha in Qatar, and the death toll was expected to rise further as 23 of those on board remained missing.
Shipowners face US$80bn shortfall as banks bail out
Shipowners face an annual US$80bn funding gap for newbuildings and secondhand ship purchases as traditional lending banks cut their exposure to the volatile maritime sector.
Navy ends hunt for navigation hazards
Australian Navy vessel HMAS Diamantina has completed a search that has identified numerous navigation hazards off the Newcastle and Illawarra coastlines.
Asciano offloads Tasmanian rail assets for $32m
Asciano's exit from its loss-making Pacific National Tasmania rail business took a significant step forward yesterday with the Tasmanian government agreeing on a purchase price for the company's infrastructure and assets.
Baltic Exchange Index calculations overhauled
The Baltic Exchange has made the first significant structural changes to the Baltic Dry Index calculations since January 2007, in a bid to open up freight derivatives trading to banks and other financial institutions.
