Yesterday
Hanwha tussles with Austal board over ‘unfair’ diligence conditions
Austal’s would-be acquirer reckons that its third indicative bid was at least 15 per cent higher than that of Cerberus Capital Management.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
DP World profit tumbles 34pc after wharfie strikes
The stevedores giant’s annual profits have slid following the dispute over new wage agreements and after container volumes fell, the company’s accounts show.
- Jenny Wiggins
March
ASX hits record; AGL’s solar push; Qantas’ Frequent Flyer showdown
Read everything that’s happened in the news so far today.
Ships carrying cars and heavy equipment need a new harbour
Other ports up and down the East Coast are likely to absorb much of Baltimore’s traffic, avoiding a crisis. But not without some longer shipping times and upheaval.
- Updated
- Tom Krisher
Inflation steady; Bridge cargo chaos; Why Comyn went ‘off script’
Read everything that’s happened in the news so far today.
Bridge collapse sends firms scrambling to re-route cargo
Baltimore’s port has become increasingly important to US retailers and manufacturers seeking to diversify their supply networks and bring goods closer to customers.
- David McHugh, Anne D'Innocenzio and Paul Wiseman
Cargo ship issued mayday before hitting US bridge
After being hit, the Francis Scott Key Bridge buckled and collapsed into the river below. Two people were rescued, six were missing.
- Updated
- Lea Skene
Houthis claim lethal missile attack on ship
At least two sailors became the first fatalities in the militia’s assault on commercial shipping off the coast of Yemen.
- Gaya Gupta and Matthew Mpoke Bigg
February
US, allies escalate strikes on Houthi targets after attack surge
The US, UK and partners hit 18 Houthi sites and eight locations as Pentagon warns of further action.
- Shiyin Chen
The airship revolution being plotted for rural Australia
A French government-backed airship maker that has set its sights on revolutionising the cargo transport industry is planning to touch down in Ballarat in Victoria.
- Hans van Leeuwen
Fuel price shock warning for Australia
Petrol and diesel importers should consider long-term supply deals to reduce the risk of price shocks as OPEC could start to influence markets, Rystad Energy said.
- Angela Macdonald-Smith
Biden orders more strikes as US hits Houthi cruise missile
The US said it had targeted Iranian-backed armed groups for a third straight day, and destroyed an anti-ship missile fire by Houthi militia in Yemen.
- Jon Gambrell and Tara Copp
January
Thousands of animals stuck on ship after dock offer from WA rejected
A livestock ship that turned back to Australia due to the Red Sea conflict rejected an offer from the WA government to dock at Fremantle earlier this week.
- Tom Rabe
Bulk commodities vessel owners face pressure to travel through Red Sea
Some companies seeking to charter bulk carriers have asked to remove a standard wartime clause from contracts.
- Robert Wright
The Houthis: Inside an enigmatic and powerful religious militia
The group has a tight hold on Yemeni society in the areas it controls, providing day-to-day security in which city streets are safe, unlike in government-controlled Aden.
- Roland Oliphant, Nataliya Vasilyeva and Sophia Yan
Woodside LNG supplier hit by Biden export licence pause
Commonwealth LNG may now suffer a delay in securing an export licence, cutting off a source of cheap supplies for Woodside.
- Angela Macdonald-Smith
- Analysis
- Analysis
Houthi attacks are idling car factories and delaying new fashion
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia’s invasion of Ukraine.
- Paul Wiseman and Mae Anderson
US fires on Houthi missile hours after Trafigura ship attack
The attack on the Marlin Luanda will raise fresh questions about whether oil tankers will continue to transit the Red Sea.
- Alex Longley, Archie Hunter and Mohammed Hatem
Importers turn to air freight to avoid Red Sea delays
As Houthi rebels attack Red Sea shipping and airfares fall, Australian importers are being urged to diversify to air freight.
- Ayesha de Kretser
Woodside CEO backs Germany’s hydrogen market stimulus
Meg O’Neill said Woodside was speaking with potential German customers and the proposed mechanism could help bridge the price gap, amid doubts around its hydrogen projects.
- Angela Macdonald-Smith