Oceania

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