U.S. private equity firm Cerberus Capital Management has expressed interest in acquiring the lease to Australia’s strategically vital Darwin Port, according to a senior executive at Landbridge, the Chinese company currently operating the port.Terry O’Connor, non-executive director for Landbridge in Australia, confirmed that a Cerberus executive recently met with Darwin Port CEO Peter Dummett to discuss a possible acquisition…
International Container Terminal Services Inc. (ICTSI)’s wholly owned subsidiary Victoria International Container Terminal Ltd. (VICT) has signed a 26-year extension of its contract to operate and manage the Webb Dock East terminal at the Port of Melbourne…
Victoria International Container Terminal (VICT), Australia’s fully automated container terminal operated by International Container Terminal Services, Inc. (ICTSI), recently enhanced maritime connection to Asian markets through a revamped Koala service…
Australia’s TasPorts and H2U Group have signed an MOU to explore developing a green hydrogen and ammonia facility at Bell Bay port in Tasmania.The proposed facility would be initially capable of producing up to 500,000 tonnes of green ammonia per year with the potential to scale-up…
The Australian Border Force (ABF) led a week of action in Portland last month, targeting criminal infiltration along Victoria's south-west coastline.The high visibility activity forms part of a broader operation to prevent organized crime groups…
U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at countering China on Monday at a meeting marked by Trump's jab at Australia's envoy to the United States over past criticism…
