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Petronas secures gas from Gladstone LNG hub
Malaysia's Petronas has sent the strongest signal yet of the viability of plans for a liquefied natural gas hub at Gladstone, signing a deal with Santos which could be worth up to $40bn at current prices.
Derailments seven times more likely in Tasmania
Tasmania has seven times the derailment rates of other states and had lost 16% of its freight tonnage in five years, the Tasmanian Auditor-General's contract management special report revealed yesterday.
Major lines caught up in Taiwan corruption scandal
The Taiwanese shipping industry has been embroiled in fraud allegations alleged to relate to efforts to boost the container throughput ranking of the port of Kaohsiung.
Rising fuel costs force shipping lines back to Suez
Grand Alliance lines are likely to follow the rest of the industry and switch back to Suez Canal transits, rather than divert ships around southern Africa.
Drewry warns of US$25bn liner black hole
Maritime consultancy group Drewry has added to the gloom on global container volumes for 2009, revising this year’s -5.3% teu forecast throughput to -10.3%, with minimal growth in 2010.
VTA warning on truckers' intelligent access
Intelligent Access Program (IAP) take-up was being hamstrung in New South Wales and Queensland by costs and a lack of clarity, the Victorian Transport Association (VTA) said yesterday.
NSW, WA enjoy record lamb prices
Lower yardings and strong demand have helped lift lamb prices to record levels in New South Wales and Western Australia in good news for exports.
