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Record box trade underpins stellar year for PoMC

A $39 million after tax operating profit and a 7% rise in container movements were features of a big year for the Port of Melbourne Corporation.

Bad weather hits Port Botany’s throughput

Unfavourable weather contributed to container volumes through Port Botany reaching their lowest level in four months.

BHP Billiton’s $342m Newcastle investment

BHP Billiton will spend another A$342m on the expansion of Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility at the port of Newcastle.

ITF alleges crew bashed, threatened

International Transport Workers Federation (Australia) has reported allegations that two sailors on board the tanker vessel 'Britto' have been assaulted and that others were threatened to be thrown overboard.

ICS urges NZ to retain anti-trust immunity

New Zealand’s government has been urged by the International Chamber of Shipping (ICS) to consider offshore practices when changing its maritime competition regime.

Cosco starts to pay charter hire arrears

Chinese shipping giant Cosco appears to have begun paying charter hire normally again in what may be a turning point in the most widely publicised stand-off between a charterer and shipowners in memory.

India to allow armed anti-piracy guards

G K Vasan, India’s shipping minister, has confirmed that guidelines have been issued to allow Indian-crewed ships to deploy armed security personnel.

Data confirms sharp fall in trade growth

Growth rates in the value of merchandise trade reduced significantly from the first three months of 2011, according to the Organisation for Economic Co-Operation and Development.