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New speculation of Grand China's Australian plan
Talk has resurfaced of the impending entry of Grand China Logistics into the North Asia-Australia trade, following broker reports of the purchase of at least four suitable ships.
Brisbane box decline but port trade climbs 5.6%
Total trade at the port of Brisbane grew for a 16th consecutive year in 2009, with an increase of 1.7m tonnes from last year to 31.9m tonnes marking a 5.6% increase.
Leaked report points to port security deficiencies
Concerns about Australia's maritime security and its interaction with anti-terrorism efforts have resurfaced following the leaking of a Federal Government report to the media.
Bulk carrier collides with adventurer's yacht
A Hong Kong-registered bulk carrier sailing north, near the port of Brisbane, had last night collided with the yacht of a 16-year-old preparing for an around-the-world solo sailing attempt.
Lady Audrey joins West Triton tow
The Farstad Shipping relief vessel, Lady Audrey, took up West Triton rig towing duties with the Salviscount yesterday after the ITC Cyclone was withdrawn following generator failure.
Seafuels new bunker tanker named
Seafuels new NZ$20m ($16m) bunker tanker was named in Auckland today.
Extent of Forum Samoa II damage unknown
An inspection of grounded containership Forum Samoa II has reportedly found no major damage to the vessel, though sources disputed this account.
Hutchison Whampoa to refinance
Hutchison Whampoa, the ports, telecoms, property and retail group, has confirmed it plans to sell two global bonds, one for six years and the other for 10 years to help refinance corporate debt.
10% of Hapag-Lloyd German staff to go
German container line Hapag-Lloyd is to cut about 10% of its 1,100 jobs in Germany.
