UCL sell-off

Pacific Bulk Terminal (PBT), an operator at the Free Port of Vladivostok (FPV), has started construction of a state-of-the-art terminal at the Pacific harbour of Slavyanka, located 200 km by road and 50 km by sea south of Vladivostok.

The Queensland sugar export port of Bundaberg has a new import commodity, with the commencement of gypsum shipments to supply a new A$70M Knauf Australia plasterboard manufacturing plant.

Italian-headquartered coal trader Coeclerici Group is considering acquiring a Russian port asset, according to Urbano Clerici, deputy chairman and CEO of its trading division.

ThyssenKrupp Industrial Solutions entered into a partnership with National Ports, an Australia-based developer and operator of large-scale floating port solutions, to make the operation of bulk carriers and materials handling equipment more efficient and environmentally friendly in shallow water ports around the world.

Chinese-owned, Hong Kong-based Brockman Mining has struck a deal with Pilbara Ports Authority for guaranteed access to the Utah Point Common User Bulk Handling Facility at Port Hedland, despite continued uncertainty over the terminal’s ownership.

The New South Wales port of Newcastle has reported that a surge in coal and wheat exports has underpinned a new trade record, handling just under 168 Mt in 2016 (trade value: A$18.69B), an increase of 3.8 Mt on the previous year.