This Month
PE-owned Netlogix hunts capital partner; calls in MacCap
The Pencarrow Bridge Fund owns 51.6 per cent of Netlogix Group Holdings Limited, according to the New Zealand Companies Register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Port costs raise inflation fears, leave luxe cars in the slow lane
The Albanese government is facing pressure to do more to lower shipping costs.
- Tom Rabe, Jenny Wiggins and Joanne Tran
Shipping crises ‘spanner in works’ for inflation fight
Australian consumers and retailers are facing long delays and higher prices for goods from Europe and Asia amid an international shipping crisis that could stoke local inflation.
- Tom Rabe and Jenny Wiggins
‘The port would stop’: Fremantle workers threaten to walk off job
Western Australia’s largest container port could grind to a halt next week if a small group of key staff stop work over a pay dispute.
- Tom Rabe
- Analysis
- Analysis
Chinese exporters raise fears of Christmas freight crisis
Red Sea attacks have pushed up costs and put pressure on profits during a critical season for trade. There are also worries US tariff increases could add further to costs.
- Chan Ho-him, Joe Leahy and Oliver Telling
June
- Analysis
- Singapore
Clogged global ports re-ignite inflation fears
Ship timetables are being disrupted with missed sailing schedules and fewer port calls as vessels take longer routes around Africa to avoid the Red Sea.
- Lisa Barrington and Jeslyn Lerh
A PE firm, two profit updates, and a $1b deal hanging by a thread
At stake is the future of back-from-the-almost-dead vessels owner MMA Offshore, which is rollicking after a life-saving recapitalisation.
- Anthony Macdonald
Hanwha tussles with Austal board over ‘unfair’ diligence conditions
Austal’s would-be acquirer reckons that its third indicative bid was at least 15 per cent higher than that of Cerberus Capital Management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
DP World profit tumbles 34pc after wharfie strikes
The stevedores giant’s annual profits have slid following the dispute over new wage agreements and after container volumes fell, the company’s accounts show.
- Jenny Wiggins
March
ASX hits record; AGL’s solar push; Qantas’ Frequent Flyer showdown
Read everything that’s happened in the news so far today.
Ships carrying cars and heavy equipment need a new harbour
Other ports up and down the East Coast are likely to absorb much of Baltimore’s traffic, avoiding a crisis. But not without some longer shipping times and upheaval.
- Updated
- Tom Krisher
Inflation steady; Bridge cargo chaos; Why Comyn went ‘off script’
Read everything that’s happened in the news so far today.
Bridge collapse sends firms scrambling to re-route cargo
Baltimore’s port has become increasingly important to US retailers and manufacturers seeking to diversify their supply networks and bring goods closer to customers.
- David McHugh, Anne D'Innocenzio and Paul Wiseman
Cargo ship issued mayday before hitting US bridge
After being hit, the Francis Scott Key Bridge buckled and collapsed into the river below. Two people were rescued, six were missing.
- Updated
- Lea Skene
Houthis claim lethal missile attack on ship
At least two sailors became the first fatalities in the militia’s assault on commercial shipping off the coast of Yemen.
- Gaya Gupta and Matthew Mpoke Bigg
February
US, allies escalate strikes on Houthi targets after attack surge
The US, UK and partners hit 18 Houthi sites and eight locations as Pentagon warns of further action.
- Shiyin Chen
The airship revolution being plotted for rural Australia
A French government-backed airship maker that has set its sights on revolutionising the cargo transport industry is planning to touch down in Ballarat in Victoria.
- Hans van Leeuwen
Fuel price shock warning for Australia
Petrol and diesel importers should consider long-term supply deals to reduce the risk of price shocks as OPEC could start to influence markets, Rystad Energy said.
- Angela Macdonald-Smith
Biden orders more strikes as US hits Houthi cruise missile
The US said it had targeted Iranian-backed armed groups for a third straight day, and destroyed an anti-ship missile fire by Houthi militia in Yemen.
- Jon Gambrell and Tara Copp
January
Thousands of animals stuck on ship after dock offer from WA rejected
A livestock ship that turned back to Australia due to the Red Sea conflict rejected an offer from the WA government to dock at Fremantle earlier this week.
- Tom Rabe
