Details of Melbourne port privatisation revealed by Victorian treasurer

Interested parties will compete for 50-year lease of commercial operations only

Further details of the Port of Melbourne privatisation came to light this morning (May 27) in a release from state treasurer Tim Pallas.Proceeds from the lease will be paid, up front, into the...

Pallas springs Melbourne port privatisation bill on Vic parliament

Second reading scheduled to go before Legislative Assembly later today

Crude tanker rates cool off from recent highs

Expectation is that charterers will attempt to seize the momentum this week and push harder for lower rates

APL and SeaLand join forces on intra-America trade

Weekly service will link Central America with the US east coast

Port Phillip Sea Pilots massively hike pilotage rates

Industry ‘frustrated with being regularly hit with excessive price rises’

Bahri confirms VLCC order at Hyundai Samho

Saudi carrier takes first step towards building a fleet of more than 50 VLCCs

Mercator Lines records three consecutive annual losses

Singapore-listed bulker arm of India’s Mercator Ltd plagued by weak rates, impairments and provisional losses

Regional Container Lines posts US$5.2m profit

Liftings decline, but so too have costs

Improved operational efficiency and new sailings see Zim return to profit

Israeli carrier posts US$35m first-quarter profit

Coal-seam gas may beat conventional LNG say analysts

Delays and technical issues take toll on production predictions for traditional product