Category: General

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September 5, 2011 Edward

Is China’s Titanic economy finally running into the iceberg of overcapacity? Problems at China Cosco Holdings suggest trouble ahead. Cosco, a giant state-owned shipping company, is locked into long-term contracts for chartering vessels that haul iron ore, coal and grain around the world.

August 1, 2011 Edward

We have been advised of a new initiative that improves transit times from Brisbane to Cairns, and further increases freight availability into the Mackay and Cairns regions. Commencing 1 August 2011, QR National will be offering Seafreighter services six times a week from Brisbane to Cairns. The transit time to Cairns will now be two…

March 31, 2011 Edward

QANTAS has annouced further measures to address concerns surrounding rising fuel prices and natural disasters throughout the region. The full article can be viewed on the QANTAS website:

March 24, 2011 Edward

Qantas Airways has finally closed the book on its involvement in a 6 year cartel to fix air cargo prices after it agreed to pay a fine of NZ$6.5 million ($4.8 million) to New Zealand’s commerce commission.

February 4, 2011 Edward

The Toll Group has acquired SAT Albatros (SAT), a Dubai-based sea-air forwarder. “The acquisition of SAT will further cement Toll’s strategic position in the Middle East and in the Asia to Europe trade lane”, said Toll Group’s managing director Paul Little AO.

February 4, 2011 Edward

The first stage of a $30 million major rail freight terminal development is expected to  provide a critical boost to industrial development both in the north of Adelaide and for South Australia’s mining industry. The rail freight terminal (RFT), which was opened on January 25 by South Australian Premier Mike Rann, has been developed by…

February 4, 2011 Edward

Qantas will increase international fuel surcharges in response to rising oil and jet fuel prices, while Jetstar will adjust its ticket prices instead of a fuel levy. The changes will apply to tickets issued on or after 19 February. Qantas chief executive officer Alan Joyce said oil and fuel prices had increased sharply in recent…