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Agility lands Lihir gold logistics deal in PNG

Fresh from its $250m Gorgon deal, Agility Project Logistics has nailed another resources contract in the region, this time in Papua New Guinea.

Wet weather dampens Coal & Allied output

Coal & Allied, one of port of Newcastle's key exporters, says wet weather during the June quarter affected operations at each of its five mine sites.

ABB ready for record shipments from Ardrossan

Agribusiness ABB Grain's non-grain specialist shipping terminal, Ardrossan, was preparing for its busiest period on record with 30 ships lined up in the next two months, the company said today.

Tufton Oceanic acquires half Allco fleet

Tufton Oceanic has acquired 50% of a 14-vessel fleet which was under the banner of Allocean Charters (Singapore) in what the ship-finance boutique firm intends to be the first of many distressed asset acquisitions.

More increases on the way for Asia-Australia box rates

Hot on the heels of a rate recovery program on North and East Asia-Australia routes, carrier groups have announced imminent increases in two other inbound trades.

Neptune's Asian push sees new Singapore acquisition

Neptune Marine has signed a letter of intent to buy Singapore inspection, repair and maintenance firm Core IRM for $11.35m, the Perth offshore engineering company said today.

Hopeful lines sending boxships back to work

Hopes of a traditional northern summer upturn in containerised shipments have persuaded lines to bring a number of larger unemployed boxships back into service.

Rio Tinto denies benchmark agreement with China

Rio Tinto has rejected claims it agreed a 33% cut in iron prices with China’s steel mills.

Iluka's mineral sands output slumps

Iluka Resources mineral sands production declined in the June quarter as the global economic downturn forced the company to restructure its production operations.

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