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New demands on Swire as pressure mounts

Swire Shipping has been asked to remove containers from the seabed off southeast Queensland since the Pacific Adventurer casualty in March.

Booming Chinese demand fuels bulk trade surge

Coal and iron ore seaborne trade hit 460m tonnes in the second quarter of 2009, the fifth highest volume recorded since 2004 and up from 419m tonnes the previous quarter.

DP World signs 15-year lease at Port Botany

The New South Wales Government has today announced the re-signing of DP World to a new 15-year lease at Port Botany.

More liner casualties expected this year

Corporate failures among containership owners and operators now appear certain, with Drewry Shipping Consultants forecasting "absolutely more casualties" before the end of the year following Eastwind Maritime’s recent collapse.

Qantas caught up in Canadian freight price fixing

Australia's national carrier Qantas has been fined C$155,000 for its part in air cargo price fixing, Canada's Competition Bureau said.

ABB Grain's profit warning as Asian demand slows

ABB Grain has slashed its profit forecast for the 2009 financial year by more than 10% as Asian demand for malt, fertilisers and agricultural chemicals slows.

Maldon-Dombarton rail study findings imminent

The results of a feasibility study into the on-again, off-again Maldon-Dombarton rail link in the Illawarra are expected this afternoon.

Seafarers injured in fall off Port Kembla

Two seafarers have been seriously injured after falling from scaffolding on a bulk carrier queuing off Port Kembla.