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China likely to settle for 33% iron ore price cut
Chinese steelmakers appear to have failed in their attempts to force Australian iron ore producers to accept a 40% cut in benchmark prices this year.
McKew wins new transport post
Member for Bennelong Maxine McKew has been appointed parliamentary secretary for infrastructure, transport, regional development and local government.
New deal needed for air transport, says IATA
The International Air Transport Association has called on governments, service providers and airlines to use the global economic crisis as an opportunity to build a stronger sector.
Oil price will struggle to hold gains, say analysts
The recent rise in oil prices is unlikely to be sustained throughout the year but there may be further price spikes in future, industry experts have warned.
MUA to maintain pressure for maritime reform
The Maritime Union of Australia (MUA) has backed Federal transport minister Anthony Albanese's planned reform of the Navigation Act.
Hobart tug fault evokes Tasman Bridge tragedy memories
A 28-tonne bollard pull North Western Shipping & Towage tug lost steering while escorting a tanker under the Tasman Bridge last month, Tasports has revealed.
Tug crew released after discount ransom paid
Relatives and friends of 11 Nigerian seafarers held captive by Somali pirates raised more than US$150,000 to secure their release after a Nigerian tug operator pleaded that it could not meet demands for US$1m.
Maersk Logistics to re-brand under Damco
AP Moller-Maersk will re-brand its logistics empire but will drop the Maersk name after merging its supply chain management and freight forwarder business with the Damco brand.
