Oceania – Page 39
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BBI takes on Dalrymple advisor
Babcock and Brown Infrastructure has contracted Macquarie Capital Advisers to advise on the process of selling part or all of Dalrymple Bay Coal Terminal. Offers from minority to full ownership will be considered. BBI has seen its assets tumble in value during the global recession.
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Fremantle box drop
Fremantle Ports has seen container volumes drop 13% from a year ago due to the global economic downturn. Figures for year reflect the impact of the worldwide financial situation on the Western Australian economy. Trade in motor vehicle imports was also down 15% compared with last year.
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Sydney takes a leaf out of Melbourne books
Sydney Ports Corporation has admitted its Port Botany operation has a lot to learn from the Port of Melbourne in terms of employing electronic processing and off-peak port access.
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Asciano's "insane" debt levels
The former chief executive of Australian stevedore Patrick, Chris Corrigan, has described the level of debt carried by the stevedore''s new owner, Asciano, as "insane" at the time of the takeover.
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Napier port sale denied
Hawke's Bay Regional Council has moved to quash speculation it has imminent plans for a sell-down of the Port of Napier.
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Shippers' council takes lead on 'big ships'
Recommendations on how the next generation of international vessels should best be accommodated in New Zealand will soon be delivered by the New Zealand Shippers'' Council.
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Botany reform to tackle congestion
The third trial of the New South Wales Government''s Port Botany reform, which will introduce peak pricing for the first time, will start mid-June. In it, Sydney Ports Corporation will examine the impact of off off-peak pricing to relieve truck congestion. Trial two will measure stevedores and truck operators'' standards ...
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Tauranga rejects partial offer
The Port of Auckland has called off its acquisition of the Port of Tauranga''s container trade, following the Port of Tauranga board''s rejection of their proposal for this part of their business, while not writing off the possibility of a full merger.
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NZ ups box inspection costs
Almost one in 10 containers inspected for bio-security contamination in New Zealand currently fail the test. An additional $50 an hour inspection charge is to be levied to finance more rigorous checks, according to port sources.
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Auckland shortens cargo windows
"Softening cargo volumes" have seen Ports of Auckland reduce road deliveries and delivery times at its Bledisloe and Fergusson container terminals.
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BBI draws up Gladstone stake shortlist
Dalrymple Bay Coal Terminal (DBCT) owner Babcock & Brown Infrastructure (BBI) has drawn up a shortlist for a selling a stake in the terminal.
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Freeze on sea freight funding
A hold has been placed on New Zealand''s second sea freight development funding round, while the Government considers whether changes are required to its policy statement.
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Gladstone mass job creation confimrs positive undertones
Australia''s Gladstone Ports Corporation has bucked the "recession" trend by creating new job positions in its own organisation and also stimulating employment opportunities in its wider Queensland hinterland.
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Call to delist Northern port
Northland Port Corporation chairperson Mike Daniel believes the Northland Regional Council should buy back all port shares and take the company off the stock exchange.
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NZL signs Ports of Auckland
Transportation and logistics company NZL Group has secured Ports of Auckland as the first major customer of its planned independent Sulphur Point Container Terminal.
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Auckand heads to supreme court
Ports of Auckland''s lawyers are seeking leave to appeal a recent Court of Appeal decision to the Supreme Court.
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Auckland bucks downtrend to issue staff bonuses
Ports of Auckland has issued performance bonuses to over 200 staff for achieving key productivity targets during the month of January.
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Auckland breaks container record
Ports of Auckland set a new single-month''s throughput record of 59,585 containers during December - 2% higher than the previous best of 58,484 set in March 2007 and about 13% higher than the comparable December 2007 month.
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Inland NZ ports agreement encouraged
An operational agreement is essential if rivals Ports of Auckland and the Port of Tauranga are to fully exploit the potential gains of their inland port offerings, said Tapper Transport director Simon Tapper.
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Tasmania consolidates box trade
Tasmania''s container trade is to be largely consolidated into the ports of Bell Bay and Devonport. The State Government wants to expand Bell Bay to handle container traffic presently moving through the Burnie, which would be freed up to concentrate more on bulk trades. The proposal has been forwarded to ...