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Pacific Forum Line sold

Ownership of Auckland-headquartered Pacific Forum Line (PFL) has changed hands after the Government of Samoa exercised pre-emptive shareholder rights to stymie a takeover offer from French-controlled, NZ-based Sofrana.

EOIs sought for new Tassie logistics group

Expressions of interest are being called from people keen to serve on the soon-to-be-established Tasmanian Freight Logistics Coordination Team.

WA grain exports begin but volumes down

Shipping of grain from Western Australian ports has begun after 70 tonnes of grain were delivered to Geraldton port last week.

Panama Canal widening to bring ‘fierce’ competition

Fierce competition and new box-export opportunities will abound when the newly expanded Panama Canal opens for business, say analysts.

More ships, fewer boxes, less profit

Box carriers face a triple whammy of over-capacity, falling volumes on the key trade lanes and loss of profit that results in cuts to services and sales, say analysts.

Angola launches LNG exports to Asia

Angola in south-west Africa, has begun to export liquefied natural gas with a Japanese carrier arriving in the country to load the debut cargo.