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Crane lift rate static while port interface costs fall
A mixed picture of container stevedoring and shipping performance could be drawn from the latest Waterline report released yesterday but critics of the stevedoring "duopoly" will find little live ammunition to use against Patrick and DP World.
Bidding underway for WA grain rail management
CBH had received at least 20 expressions of interest for the contract to manage the grain rail network in Western Australia, the agribusiness has revealed.
PTTEP ends Clough deal for Montara facilities
Engineering and construction firm Clough does not expect to lose out financially, despite PTTEP Australasia terminating its contract for the installation of the balance of the offshore facilities at the Montara field following Sunday's fire.
Bulk port congestion drives up capesize spot rates
Port congestion and declining availability of capesize bulk carriers on the spot market are expected to drive up rates further next month.
ICAC push for prosecution of former Sydney Ferries boss
New South Wales's corruption watchdog has recommended that the former head of Sydney Ferries, Rear Admiral Geoffrey Smith, be prosecuted for alleged misuse of his corporate credit card.
Ill-fated ferry never designed for open water
An inquiry has revealed substantial safety failings related to the ferry which sank off the coast of Tonga in August, resulting in the deaths of 74 people.
Australia's trade gap widens in September
Australia's trade balance fell deeper into red territory in September with the deficit widening $239m from the previous month, according to the latest Australian Bureau of Statistics (ABS) figures.
