Oceania

A new port will be built if approval is forthcoming for a 30 million-tonnes-a-year coal mine in Queenslands Galilee Basin. Hancock Prospecting has studied Abbot Point and Dudgeon Point, to the south…

Lyttelton Port of Christchurch has returned a comparable 7.3% rise in net after-tax profit to NZ$10.3m (US$5.7m) and 9.2% increase in revenue to NZ$83.4m (US$45.9m) for the 2007-2008 financial year. 

An A$105m (US$68m) contract to build the port of Newcastles third coal terminal has been awarded to the Thiess company. The contract involves building a terminal of 33m tonnes per year capacity,…

Cosco Group global chairperson and chief executive Captain Wei Jiafu has signalled his organisation may be weighing up investment in the Australasian port sector. 

Five stevedoring groups have been invited to tender to operate Port Botanys third container terminal.

The Queensland port of Gladstone is consolidating as Australias major port for liquefied natural gas (LNG) shipments. Arrow Energy, LNG Ltd and Shell are planning a 1m tonnes/year LNG export plant at…

A dedicated bulk ports corporation is to be set up in Queensland with another body set to administer the far norths smaller community ports.

Port Taranaki recorded a comparably flat net after-tax profit of NZ$4.76m (US$2.9m), 16% rise in revenue to NZ$43m (US$26.4m) and new container throughput record of 59,586 teu during the 2007-2008 financial year.…

TheQueensland government has promised residents of Mackay that the portwill not be used to export the regions large reserves of coal.Instead, the exports will be channelled via the existing coalspecialist ports of…

Container Management magazine has lifted Ports of Auckland eight places to 104th in the world for the total volume of teu handled during the 2007 calendar year.

Recentfinancial year announcements have included the Port of Taurangadeclaring a comparable 7% rise in after-tax net profit to NZ$42.1m(US$27.6m) and 15% lift in revenue to NZ$148.8m (US$97.4m).

Severe weather snapped a mooring line on the vessel Pacific Warlock berthed at Port Taranaki, catapulting a 30-kilogramme steel ring past the port control security room and into a nearby SUV

Gladstone Ports Corporation is to invest A$2.4m ($2.1m) in wind barriers around its coal stockpiles in an attempt to reduce dust escaping into the surrounding community.

DP World will spend A$250m ($219.4m) upgrading its Brisbane terminals after signing a 40-year lease agreement with the Port of Brisbane Corp.

The Simpson, Spence and Young Australian Coal Port Congestion Index has dropped to 7.1 days, the lowest it has been since October 2006.

A new two-year collective employment agreement has been reached between Port Otago and the Combined Unions.