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BBI in share halt as new plan is finalised
Ports investment group Babcock & Brown Infrastructure (BBI) will detail its revised recapitalisation proposal on Monday.
Tasports lifts Southern Shipping call ban
Tasmanian Ports Corporation (Tasports) lifted its overnight ban on Bass Strait islands ferry service operator Southern Shipping today, saying it had received payment of outstanding port fees.
Lead price rises despite first Fremantle exports
The return to lead exports by Magellan Metals this week failed to dampen a continued rise in price for the metal.
Mining slump continues to drag down imports
Imports of heavy equipment are likely to weaken further in coming months amid expectations that activity in the mining industry will not pick up any time soon.
Gillard launchess AMC's $10m cavitation facility
Deputy prime minister Julia Gillard opened the Australian Maritime College's cavitation research facility in Launceston yesterday.
Fredriksen linked to Containership enterprise
Norwegian shipping magnate John Fredriksen is being linked to a new box line, The Containership Company, being set up by former Maersk and CMA CGM senior executive Franck Kayser.
Seafarer wages frozen until into 2010
Seafarer wage rates won't be reviewed until some time next year, following an agreement between representatives of many leading shipowners and the main maritime trade unions at a meeting of the International Bargaining Forum in Manila yesterday.
MISC launches second Halal service
MISC has begun the second of its Halal Express services, operating six 4500 teu vessels on a 42-day round voyage between Dammam and Japan.
