24 — Lloyd's List Australia

Toll's new defence deal may generate $2bn

Toll's heavyweight logistics profile has received a boost of at least $1bn and possibly double that with managing director Paul Little saying today the company expects to sign a hefty defence department contract for relocation services.

Newcastle pilots, port corp set for arbitration

The Newcastle Port Corporation and its marine pilots have applied for salary consent arbitration in an effort to settle a year-long pay row which has threatened to disrupt operations at the world’s biggest coal export port.

CBH pleased with port auction system

The online auction system implemented by CBH Group this year to manage port capacity allocation in Western Australia is on track to meet the grain handler's goal of improving efficiency and turnaround times.

Historic Doulos declared unseaworthy

The world's oldest ocean-going passenger ship, Doulos, has been declared unseaworthy and is to be decommissioned.

Little confirms Toll restructure

Toll managing director Paul Little yesterday officially unveiled the company's restructure which will come into effect on January 1.

Arrested Annapurna sold to pay Eastwind debt

The reefership arrested by a Japanese bank in Auckland three months ago has been sold to a European company, according to the New Zealand broker managing the sale.

World's biggest tanker sold to Asian interests

Norwegian shipowner Fred. Olsen Production has sold the former Jahre Viking, now known as Knock Nevis, the largest tanker ever built, to an Asian company.

Heavy machinery imports continue to rise

Heavy machinery imports increased for a fifth consecutive month in October as demand for excavators surged to above 450 units, according to Skelton Sherborne Shipping’s imports index.