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Figures released by Sydney Ports Corporation shows that in the first half of the 2009/10 financial year, container trade through Port Botany surpassed 993,000 standard containers, “a new record representing a 0.8 percent increase on the corresponding period last year,” said CEO Grant Gilfillan. Container trade for December 2009 was the highest for that month [...]
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A second company, Lincoln Minerals, has submitted a proposal to export minerals through South Australia’s Port Lincoln, prompting an angry reaction from mayor Peter Davis. Lincoln Minerals submitted the application in response to the South Australia State Government’s approval of Centrex’s proposal, a sticking point for the mayor. “There is a suggestion from Lincoln Minerals [...]
...read moreDubai, until recently one of the most prosperous nations of the United Arab Emirates, has fallen into economic trouble. The state-owned company Dubai World has requested an extension to its debt repayment of US$59 billion, an amount representing almost three quarters of the debt of the entire emirate. The Dubai Government last week sought a [...]
...read moreThe Australian Competition and Consumer Commission (ACCC) has formally approved the revised grain port access arrangements put forward by CBH, GrainCorp and Ausbulk, which is the subsidiary of ABB Grain that owns and operates the ports. The new arrangements have been designed to unlock constraints at grain ports, and promote the development of a wheat [...]
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Vessel loading times at Australia’s largest coal export port in Newcastle could become longer after the collapse of five year negotiations between the industry and the NSW government over port sharing.
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The Australian Competition and Consumer Commission (ACCC) is presiding over access issues in the wheat industry after its liberalisation from a single wheat exporter to 23 accredited wheat exporters in 12 months. One condition liberalisation is that the ACCC must accept port access arrangements provided by port operators. Having conducted a review of port arrangements, [...]
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Port Alma, near Rockhampton, Queensland, may be the site of the next major coal export facility after the Gladstone Ports Corporation (GPC) began discussions with Xstrata Coal to transform the area. As part of the port’s strategic plan for the next 12 to 18 months, GPC wants to deal with the mining company with the [...]
...read moreSydney Ports has recorded its eighth consecutive rise in export container trade, increasing by 14.9 percent in the 2008/09 financial year. “The higher exports of timber, cereals, machinery and transport equipment have been the primary drivers of the growth,” said Grant Gilfillan, CEO of Sydney Ports Corporation. “Cereal exports continue to grow strongly as a [...]
...read moreNewcastle’s coal port will cut shipping quotas by 1 million tons for the September quarter, according to Port Waratah Coal Services (PWCS). The world’s largest coal export terminal, on New South Wales’ north coast, is looking to improve its queue management through the cut. “The objective of the allocation cut is to minimise ship queues,” [...]
...read moreA feasibility study conducted by Eastern Star Gas has revealed that Newcastle Port, in New South Wales, could be a contender for a liquefied natural gas (LNG) export plant. The purpose of the plant would be to process the coal-seam gas resources of Eastern Star and its partner Santos from NSW’s Gunnedah Basin. “The report [...]
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