In a shock-turnabout, the Board of Asciano have declared that the updated bid by the Qube Consortium is superior to the bid from Brookfield, which is now on a five day deadline to provide a matching or superior proposal.

“Following detailed consideration, the Asciano Board has determined that the Qube Consortium Proposal is a superior proposal for the purposes of the Brookfield Bid Implementation Deed… and has issued...

“Slot Ownership” the next frontier for Port Reform

Transport operators require greater access to terminals requiring a holistic review of implications for importers, service providers and government agencies.

LOCAL: Container lessor Royal Wolf reports H1 FY 2016 revenues of $85.7m

Huge increase in freight and transport business drives massive increase in revenues, however, although revenues are up and debt is down, Royal Wolf still reports a mixed bag of results...

LOCAL: AMSA bans ship from Australian ports for second time

The maritime regulator says it wants owners of deficient ships to lift their game.

FREE LOCAL: Asciano issues Target’s Statement

Further developments in the bidding battle for Asciano (owner of the Patrick stevedoring business) as the company issues its first “Supplementary Target’s Statement”; meanwhile, the ACCC extends its decision date to near the end of March.

FREE LOCAL: Japan-Australia free trade agreement reaps benefits for Aus, says Trade Minister Robb

Hundreds of millions of more dollars plus growth in many kinds of refrigerated cargoes as a direct consequence of JAEPA, says Mr Robb.

FREE LOCAL: DB Schenker Aust manager wins national Young Freight Forwarder competition

Matthew El-Hindi, National Business Development Manager-Airfreight at DB Schenker Australia, is the winner of the Australian Federation of International Forwarders’ / MyFreightCareer Young International Freight Forwarder of the Year Competition 2016.

LOCAL: Albo criticises Commonwealth shipping actions

The dispute over the CSL Melbourne continues to bubble, while the ramifications of the MV Portland case are still debated

LOCAL: March date for ACCC Asciano rulings

The competition regulator wants more information about such issues as the proposed divestment of Asciano’s Pacific National intermodal rail operations

LOCAL: Police punt bulker strikers

An industrial stoush has ended in Newcastle with the expulsion of five striking seafarers