A draft report by the Productivity Commission has found an abundance of flaws, mythologies and forgone opportunities in infrastructure financing, funding and procurement. The Commission draft outlines a proposed process for improving infrastructure investment across all levels of government; and, as a consequence, attracting increased private investment. Peter Harris, the Presiding Commissioner and Commission Chairman […]
NSW Treasurer, Mike Baird, is pleased with the response from potential bidders for the long-term lease of the Port of Newcastle following the close of Expressions of Interest. Mr Baird said suitably qualified parties would now be invited to participate in a competitive bidding process for the Port, which is expected to conclude by mid-2014. […]
Delivery of container tonnage over the last 12 months looks set to match increases in demand growth, according to BIMCO. In its latest research circular, the shipping association says the inflow of new tonnage in 2013 is set to become the second-largest on record, with the total fleet increasing by 1.4m teu. Demolition activity is […]