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Lines to increase Asia rates within weeks
Amid tentative signs of a recovery in volume, carriers in the North and East Asia-Australia trade will increase rates from August 1 and add a peak season surcharge two weeks later.
Hapag-Lloyd shareholders open their wallets
Hapag-Lloyd’s shareholders have agreed to help the stricken container line.
Coal export demand returning to Queensland ports
The port of Abbot Point set a monthly tonnage record in June, exporting almost 1.66m tonnes of coal in a reflection of improving export numbers for other Queensland ports.
DP World commits to Port Botany investment
International stevedore DP World has committed to making new investments as part of an agreement to operate at Sydney's Port Botany for another 15 years.
Port Hedland iron ore shipments fall in June
Iron ore volumes exported from Port Hedland in June was 2.7% lower than May, the port authority's latest figures show.
Port still loading despite Timbercorp collapse
The port of Albany is continuing to export Timbercorp's woodchip product, despite the imminent winding up of the company.
Evergreen to cull older ships in capacity trim
Evergreen Marine, Taiwan’s largest liner company, has confirmed it will either scrap or redeliver to owners 31 containerships up to 26 years old over the next four years.
GrainCorp raises $138m in share issue
Australian grain handler and marketing company GrainCorp has raised $138m from its share purchase plan.
2010 to be the Year of the Seafarer
Next year will mark the Year of the Seafarer, the council of the International Maritime Organization declared in a session in London last week, endorsing a proposal from secretary-general Efthimios Mitropoulos.
