Australia’s Qube Holdings has upped the ante in its quest for full control of Patrick, Oceania’s largest stevedore and terminal operator, after saying it was willing to pay $1.9 billion.
DP World Australia Completes Next Phase of TOS Standardization & Centralization with Navis N4 Go-Live in Melbourne
11 Sep 2015
Container volume through the ports of Auckland inched up 0.4 percent in its fiscal year ending June 30, while its rival Tauranga grew its traffic 12 percent, helping it close the gap between it and New Zealand’s largest container gateway.
04 Sep 2015
An Australian fruit exporter has complained at the lack of transparency provided by shipping lines following faulty in-transit cold disinfestation treatment, a problem that can lead to the costly redirection of cargo.
31 Aug 2015
Hutchison Ports Australia acting CEO Mark Jack emerged from the first day of talks with the Maritime Union of Australia aimed at ending the bitter dispute over recent layoffs saying that the discussions had been “useful and constructive.”
31 Aug 2015
Australia’s container shipping business appears to have escaped the fate of its dry bulk sector that has been crippled by China’s economic slowdown, but even as volumes grow strongly excess capacity in the north-south trade is preventing rates from rising.
28 Aug 2015
Hutchison Ports Australia and the Maritime Union of Australia agreed Friday to return to the negotiating table, preventing a looming court action and paving the way to an end of a bitter fight over layoffs at Hutchinson’s Brisbane and Sydney terminals.
26 Aug 2015
Hutchison Ports Australia has attempted to clarify its position in an increasingly bitter dispute with Maritime Union Australia and mounting outrage following reports that the 97 sacked workers were fired via text message and e-mail.
21 Aug 2015
Sydney is poised dethrone Melbourne as Australia’s No. 1 container port, thanks to its inland rail connectivity that got a boost from government investment.
19 Aug 2015
By announcing a new inland port, the Ports of Auckland fired another shot in its war with the Port of Tauranga to be New Zealand’s primary container gateway. Shippers stands to gain lower costs and better connectivity no matter the victor.
17 Aug 2015
Brookfield Infrastructure Consortium, a global asset owner and operator, has purchased Asciano, owner of some of Australia’s largest container terminal and rail freight operations for $12 billion.
14 Aug 2015
An Australian federal court Thursday granted a temporary injunction preventing Hutchison Ports Australia from making 97 dockworkers in Brisbane and Sydney redundant, allowing the workers to return to work after they had been locked out earlier this month.