China Cosco returns to the black with government subsidies

But operating performance still struggling with $297m gross loss in bulker sector

China Cosco Holdings, the flagship unit of state conglomerate Cosco Group, returned to the black supported by massive government subsidies, but continued to struggle with operating performance.The...

Safety dredging to get underway near Geelong

Owing to a dredging program to begin in Corio Bay, commercial ship masters have been warned to look out for disposal barges.

Court orders sale of arrested handymax bulker

Lancelot V (IMO 9128439; deadweight 41,515) must be now be sold under court order – even though there is still a lawsuit pending – because the Greek owners are not being allowed to pay their debts

Perth Freight Link Project will begin next year, says Canberra

Uncertainty around the timing of the Perth Freight Link continues, with Senator Cormann again stating construction on both phases should commence next year

Major losses up in first half, Cefor finds

But overall casualty trend remains positive, says Nordic insurance trade body

DP World reports strong first-half figures

Free zone acquisition drives profits up 22.3% to $455m

Victorian Premier talks up Portland enhancements

From the print edition August 27, 2015

SIPG faces slower growth amid dismal economy

Port operator sees box volume increase 4.4% to 17.3m teu in the six months

Cosco Pacific records 12% growth in first half profit

Total container throughput increased by 4.2% year on year