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Asicano reports a net profit of $145.2m

But a decline in the terminals business put a dampener on Asciano’s financial results for the 2010-11 financial year.

Tanker and crew hijacked off Salalah, Oman

Pirates have attacked and hijacked a chemical tanker and its crew of 21 Indian nationals in Omani territorial waters – just two nautical miles off one of the most important container trans-shipment ports in the region, Salalah.

MSC applies NZ congestion surcharge

Mediterranean Shipping Company New Zealand (MSC) has introduced a new congestion surcharge levied on boxes in NZ because of the “current congestion situation at Tunis,” in Tunisia.

Port Hedland chasing down trade record

Port Hedland Port Authority is on track for a new trade record this financial year, according to interim chief executive Lindsay Copeman.

Australia imports less wine

Australia imported more than 12 million litres of wine in the June 2011 quarter, figures from the Australian Bureau of Statistics show.

Pacific box trades outlook worsens

Conditions in the head haul trans-pacific container trades have deteriorated considerably in recent weeks.

Chinese port investment to decline

Chinese government officials say a reduction in the spending on ports under the current five-year plan reflected a shift in trade patterns.