02

NSW Maritime lawyer acted corruptly, ICAC finds

The acting general counsel for NSW Maritime Tonette Kelly engaged in corrupt conduct, the Independent Commission Against Corruption (ICAC) has found.

Record container throughput in Lyttelton

A comparable 5.3% increase in container volume to a record 273,789 TEU, a 3.9% lift in total cargo throughput to 9.8 million tonnes and a 3.4% rise in revenue to NZ$87.3 million were highlights of the 2009-10 financial year for Lyttelton Port of Christchurch (LPC).

Port Botany continues golden box run

Container trade at Port Botany performed well in July 2010, rising 15 % on the back of growing exports and demand for imported goods.

Baltic Dry Index likely to plummet

FREIGHT rates for dry bulk carriers could tumble to near historic lows next year as new ships flood the market and iron ore demand in China weakens, according to the head of Thai-listed bulk carrier owner Precious Shipping.

Healthy revenue rise for Northland

Northland Port Corporation has returned a comparable 9% lift in revenue to NZ$5.25m, a 16.3% rise in net profit after tax to NZ$3.13m and 25% increase in total cargo throughput to 2m tonnes for the financial year to June 30.

Snail trail leads to price hike

An Australian shipping line says it will have to impose extra fees on some customers in order to cover the cost of treating containers to eradicate the Giant African Snail.

Standard Club warns on ISM failures

Aspects of the International Safety Management Code are not being implemented effectively, according to the Standard P&I Club.

Marine pilot killed in air crash named

Authorities in Papua New Guinea have released the name of a Sydney marine pilot killed in an air crash on Misima Island on Tuesday.

Six seafarers remain missing after collision

Six seafarers were still missing yesterday following Tuesday’s collision between a coastal bulk carrier and a Belgian very large crude carrier off the coast of Zhejiang province in China.