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Ports-Oceania Australia

Australia’s Lynas posts over 90% fall in annual profit; to raise $487 million

MELBOURNE (Reuters) -Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported...

Karoon plans up to US$65 mln revitalization of FPSO Cidade de Itajai

Karoon announced it will invest between US$55 million and US$65 million in 2026 for a revitalization campaign of the FPSO Cidade de Itajaí, which...

Tugbuilders buoyed by high newbuild demand

Tugboats under construction are increasingly being equipped with aftertreatment systems for IMO Tier III compliance Shipyards worldwide are benefiting from buoyant towage markets, with several...

DP World begins fleet electrification at Laem Chabang with first five vehicles

DP World has deployed five new electric internal transfer vehicles (eITVs) at Laem Chabang International Terminal in Thailand, according to the company’s release. The company...

Australia, Austal Formalizes Tier 2 Combatant Partnership with 15-Year Strategic Shipbuilding Deal

Austal Limited has officially signed a Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia, marking a major step forward in Australia’s domestic naval...

ICTSI unit VICT agree on new labor terms with unions in Melbourne

Victoria International Container Terminal (VICT), the Australian subsidiary of International Container Terminal Services, Inc. (ICTSI), has signed a new enterprise agreement with local unions...

Australian Government, Austal ink strategic shipbuilding agreement

The Government of Australia and Austal Defence Shipbuilding Australia (Austal Defence Australia), a newly created, wholly owned subsidiary of Austal, have officially entered into...

BOOK REVIEW | Borneo, The Last Campaign: Australia’s Brilliant, Controversial End to World War II

Michael Veitch has become renowned for his first rate books that very accurately describe Australia’s role in World War II. This book is perfectly...

BOOK REVIEW | Borneo, The Last Campaign: Australia's Brilliant, Controversial End to World War II

At home, and on the ground in Borneo, Australians had little appetite for what was widely regarded as an unnecessary and dangerous mopping-up operation....

Australia’s Lynas raises $490mn for RE expansion

Sydney, 29 August (Argus) — Australian metal producer Lynas Rare Earths has raised A$750mn ($490mn) via share sales to ramp up and expand its...
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