12

ACCC approves auction of grain shipping slots: Viterra’s application for approval to auction grain shipping slots at six wheat export ports in South Australia has received approval from the competition watchdog.
Capesize rates up despite weaker fixtures: Capesize dry bulk markets saw rate improvements on all major routes on Wednesday.
Australia to milk world dairy appetite: Rabobank: Food and agribusiness specialist Rabobank says global demand for dairy goods is increasing at more than 2% a year, providing the Australian dairy sector with ample room to grow.
Shell Todd redrilling in NZ gas fields: Shell Todd Oil Services will begin re-drilling in its Maui gas field, located off the Taranaki coast of New Zealand, in the first half of 2012.
High Aussie dollar to hurt Bluescope Steel: Australia's high currency will likely crimp steel production at Bluescope Steel's Port Kembla plant.
Two missing after Philippines collision: Two crew members of the dry bulk vessel Bulk Carrier 1 are missing after a collision on Tuesday night, which sunk the vessel 11 miles off Tampuan Point in the Philippines.
More strikes to hit Westernport: Stevedores will go on strike again this evening at the Patrick Westernport terminal in Victoria.
Shanghai throughput grows 10%: Throughput at the port of Shanghai hit a new high in the first half of 2011.