15 — Lloyd's List Australia

Asciano ditches sale option for rights issue

Asciano will go to the market with a $2bn rights issue to reduce its $4.9bn debt burden, the ports and rail freight company said today.

Harbour precinct may retain working role

The New South Wales Government has flagged the need to keep Sydney's Glebe Island and White Bay precincts for at least partial use as a working harbour.

Adelaide cruise terminal upgrade underway

A joint Flinders Ports-South Australian Government effort will see the passenger terminal at Port Adelaide's Outer Harbour undergo a major revamp.

Kerang rail disaster: truck driver cleared

The truck driver involved in the Kerang level crossing disaster in Victoria two years ago has been cleared of criminal charges arising from the accident.

ASA backs Australia's anti-piracy effort

The Australian Shipowners Association (ASA) has backed the Federal Government's anti-piracy effort off the Horn of Africa.

Bulk market lifting amid record Chinese congestion

The Baltic Dry Index continued its upward trend last week as confidence returned to the paper market while China's port congestion worsened.

Australia's minerals infrastructure suffering from "cancer of neglect"

Australia’s export infrastructure has suffered a “cancer of neglect” and is in a “critical state” of inadequacy, an audit of the nation's critical minerals export chain claims.

Port Kembla's car processing facilities to boost Illawarra jobs

The new car storage and processing facilities being built at Port Kembla are expected to create at least 100 jobs during the construction phase and a further 50 employment opportunities after the complex has been completed.