Australia has signed a historic Economic Partnership Agreement (JAEPA) with Japan, our second-biggest trading partner with two-way trade worth over $70 billion. Minister for Trade and Investment, Andrew Robb, said the agreement will leverage Australia’s strengths to drive economic growth and job creation. More than 97 per cent of Australia’s exports to Japan will receive […]
Port of Melbourne Corporation (PoMC) will likely close some of its berths from July to make way for construction that will create additional container capacity. Berths 3, 4 and 5 at Webb Dock East will be closed from July 1 for the construction of the new automotive wharf and waterside infrastructure costing around $400m. PoMC […]
Deputy Prime Minister Warren Truss told attendees at the 2014 IAPH conference in Sydney recently that the total international cargo handled by Australian ports increased last financial year by over 9% in value. “Importantly, our container ports have also seen improvements in multi-factor productivity, about 20% over the past decade – well above the economy-wide […]
Deputy Prime Minister Warren Truss has released an options paper detailing the announcement and overhaul of the Coastal Shipping regime. “Right now our domestic shipping industry is treading water, bound in red tape, and unable to be competitive both domestically and internationally,” Mr Truss said at the 2014 International Association of Ports & Harbours Mid-Term […]
Australia imported $20.51bn worth of international trade goods in February 2014, a fall of $1.1bn (5%) on the revised January 2014 merchandise imports of $21.61bn, according to recent data from the Australian Bureau of Statistics (ABS). Meanwhile, the majority of containerised cargo within Australia’s top 20 goods imports declined in value following a peak in […]
To remain competitive and profitable every Australian importer should have an efficient container logistics plan that is cost effective, reliable and capable of growing with their businesses unique needs and expectations. Without a logistics plan importers can be exposed to unwanted additional costs including: Transport demurrage Wharf storage Shipping line detention charges At Clarke Global we […]
The Australian Government has announced that Badgery’s Creek will be the site for a new airport for Western Sydney. The Government has established the Western Sydney Infrastructure Unit within the Department of Infrastructure and Regional Development to implement this decision. It will also be responsible for undertaking important consultation with local councils, the community and other stakeholders, including the […]
NSW has agreed to lease the Port of Newcastle to a consortium of financial investors for 98 years in a $1.75bn deal. “Transactions such as this bring enduring benefits to communities and the economy and build on the NSW Government’s success track record in recycling mature State-owned assets to deliver major infrastructure projects that will […]
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