Subscribe to RSS feed09
Brookfield takes DBCT stake in BBI deal
Canadian infrastructure investor Brookfield Asset Management would take a 49.9% stake in the Dalrymple Bay Coal Terminal as one part of a complex $1.1bn recapitalisation package being offered to Australia’s debt-laden Babcock & Brown Infrastructure.
Broker predicts demise of iron ore benchmarking
Annual iron ore price negotiations will not survive beyond 2010, as steel producers shift from long-term contracts with miners to buying the commodity on the spot market, according to London freight derivatives broker Freight Investor Services (FIS).
World's biggest ship aimed at WA gas project
Shell will use the world’s first offshore liquefied natural gas (LNG) production vessel to develop the Prelude and Concerto gas fields off Western Australia.
Special status approved for new Abbot Point port
The next step towards the creation of the $1.25bn Abbot Point Multi Cargo Facility (MCF) project has been taken with its declaration as a "significant project", Queensland premier Anna Bligh said yesterday.
Rey focuses on Derby for coal exports
Rey Resources has acquired shiploading infrastructure at Derby in Western Australia for an undisclosed sum, the Pilbara coal miner confirmed yesterday.
Fredriksen in talks on 'budget' container line
Norweigan shipping tycoon John Fredriksen has confirmed that he is considering entering the box sector and has held initial talks with the owners of new ‘budget’ container line, The Container Co.
Don Talintyre wins ANL art prize
New South Wales artist Don Talintyre has won the top award at the ANL Maritime Art Prize which was announced last night at the Missions to Seafarers centre in Melbourne.
