International Container Terminal Services Inc. is set to open its new Melbourne terminal in January.
Port of Melbourne
27 Oct 2016
The value of M&A deals fell 30 percent in the third quarter, but the Port of Melbourne sale saw Asia and Oceania leading the way.
10 Oct 2016
DP World Australia has ordered four ship-to-shore cranes for its terminals on the east coast of Australia.
19 Sep 2016
The Port of Melbourne will have new owners for the next 50 years after a $7.3 billion bid was successful.
17 Aug 2016
The decision follows Australian Competition and Consumer Commission Chairman Rod Sims’ attack on port privatizations in the country.
11 Jul 2016
The purchase would boost the Australian presence of the parent company of China’s leading state-owned terminal operator, China Merchants Holdings (International).
10 Mar 2016
The busiest container port in Australia, Melbourne, is now on the market after the Victoria state parliament passed legislation allowing its sale.
12 Jan 2016
A tug strike on Australia’s eastern seaboard has disrupted shipping with further nation-wide industrial action scheduled by an engineers union over the following week.
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.
15 Mar 2015
A dispute on rental fees charged to container terminal operators by the port of Melbourne is leading some in Australia to suggest regulating ports under competition law.
03 Mar 2015
The proposed 750 percent rent increase for DP World’s Melbourne terminal is a “blatant money grab” by the state government, said Shipping Australia chief executive officer Rod Nairn.