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Adelaide growth could see plans re-tabled
Flinders Ports could revive plans for an intermodal facility near its joint-owned Outer Harbor container terminal amid signs of more buoyant trade through Port Adelaide.
Tax costs drag TT-Line into red but debt reined in
Tasmanian-owned ferry firm TT-Line has seen operational profit of $6.7m dragged down to a loss of $2.4m due to taxes on ship revaluation and fuel hedge derivatives, but the company should be debt-free in the next financial year.
FIRB approves Dalrymple Bay stake purchase
The Australian Foreign Investment Review Board has approved Brookfield Asset Management's proposal to acquire half of the Dalrymple Bay Coal Terminal (DBCT) from debt-laden Babcock & Brown Infrastructure (BBI).
Patrick closes Bathurst intermodal hub
Patrick closed its Bathurst Rail Intermodal Terminal yesterday because it had “failed to provide a commercial return for a long period of time”, according to Asciano.
ACCC now has Thai Airways in its sights
The international aircargo price-fixing scandal has led the Australian Competition and Consumer Commission to the door of Thai Airways International, with Federal Court proceedings against the airline being launched today.
Newcastle capacity plan gets ACCC support
The Australian Competition and Consumer Commission (ACCC) says it intends to approve the long-term arrangements to ease capacity constraints on the Hunter Valley coal chain.
Top Japanese lines file losses in first half
Japan’s top three shipowners – Mitsui OSK Lines, K Line and NYK – sank into the red for the first half of the year, with only MOL still forecasting full-year profit.
Port of Eden makes progress on storage complex
New South Wales Maritime has completed the second phase of its Port of Eden cargo storage facility upgrade at a cost of more than $1.8m.
Weeks before Karumba impact will be known
Minerals and Metals Group (MMG) is uncertain how long it will take to repair its pipeline connecting its Century zinc and lead mine with the port of Karumba.
FedEx names new South Pacific sales chief
FedEx Express has announced a new managing director for its South Pacific sales operation and also a new delivery schedule from the Asia-Pacific region into Shanghai.
