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POMC profit remains solid despite downturn
The Port of Melbourne Corporation (POMC) has posted a net profit after tax of $41.3m for the year to June 30, down from $43.3m last year.
Asciano finalises PN sale in Tasmania
Asciano has completed the $32m sale of the Pacific National Tasmania (PNT) rail business to the Tasmanian Government, both parties announced yesterday.
ITF action ends Annapurna stand-off in Auckland
Seafarers on two Eastwind vessels stranded in Chile and New Zealand are set to receive their wage entitlements and tickets home, following the intervention of the International Transport Workers’ Federation and its local affiliates.
Satellite evidence deepens Arctic Sea mystery
There are suspicions that the Malta-flagged general cargoship which disappeared off West Africa last month may have been separated from her transponder for long enough to allow sensitive cargo to be unloaded without detection.
Crew saved as general cargoship sinks
Rescue teams in the central Philippines have saved the entire crew onboard the 1988-built, 6835 dwt general cargoship, Hera, which sank yesterday after apparently suffering engine trouble.
ACCC orders open access to Brisbane oil facility
Access to an important crude oil delivery and storage centre in Brisbane has been opened to competing interests, the Australian Competition and Consumer Commission (ACCC) has announced.
FerrAus signs rail and port deal with Chinese firm
The outlook for more rail and port infrastructure supply in the Pilbara gained a boost today, with iron ore explorer FerrAus announcing it had signed a deal with China Railway Materials (CRM).
