31

Financial advisor sought for Port Botany lease: Expressions of interest have been sought by the NSW Liberals and Nationals party for a financial advisor/s for the proposed long-term lease of Port Botany.
Wool production tipped to rise: National wool production in the coming financial year is tipped to rise compared with 2010/11.
More oil pumped from Rena: More than 1000 tonnes of heavy fuel oil has been pumped from the stricken containership Rena, according to salvors.
Perth to host counter-piracy conference: A counter-piracy conference will be held in Perth next year, which will explore ways to help Somalia and other affected countries to address piracy.
Win for shippers as box rates hit new 2011 lows: Shippers importing containerised cargo from Asia to Europe continue to enjoy rock bottom freight rates, with further price cuts over the past week leading to new 2011 lows.
Cosco takes big hit in third quarter: China’s biggest shipping company Cosco Holdings reported a huge loss in the third quarter and issued a warning to investors that it expects to record a net loss at year end.
European imports face weak quarter: Importers in Europe will slim down inventory levels with a dampening effect on inbound container volumes, according to the latest trade outlook by Global Port Tracker.