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Iron ore imports to China to drop as steel demand contracts

The slowdown in Chinese economic and trade figures released this week mirrored the feeling in the capesize spot market, which continues to show no signs of short-term improvement.

PKPC backs port’s privatisation plan

Port Kembla Port Corporation chief executive officer Dom Figliomeni says the board and management of PKPC “strongly support” the government’s recently-announced long-term-lease plans for the port.

New appointment within CBH group

Prominent grain exporter CBH Group has appointed Scott Wallace as its regional manager for Northern New South Wales and Queensland.

ACL unveils new ro-ro program

Atlantic Container Line has placed a ground-breaking order in China for five multipurpose ships that will be the first of their kind.

New GMO for Port Hedland

Captain John Finch, Port Hedland Port Authority’s harbour master, has been appointed general manager operations.

Chapter 15 protection for Sanko confirmed

Sanko Steamship’s effort to secure bankruptcy protection in the US has succeeded, after a specialist court in New York recognised the principal case in Tokyo as a “foreign main proceeding” under Chapter 15 and permanently enjoined creditors from taking enforcement action against the troubled Japanese firm.