DCN April 2019 Edition

NEWS IN BRIEF
Svitzer welcomes new tugs
Svitzer Australia is set to welcome two new vessels to
its fleet this year, as two UZMAR-built RAstar 3200 series
tugboats begin their journey from Turkey.
A delivery ceremony was hosted by UZMAR recently for
the two tugboats, Svitzer Ruby and Svitzer Redhead, designed
by Canadian naval architecture firm Robert Allan Ltd.
The 85-tonne bollard pull tug, Svitzer Ruby, is to join Port
Kembla in May 2019, and the 80-tonne bollard pull tug,
Svitzer Redhead, is to join the team in Fremantle in late April.
According to Svitzer, the two escort towage capable
vessels feature render recovery winches, FiFi1 class notation
for firefighting, LNG operational protection package and a
rear winch for over the stern towing operations.
Svitzer Australia managing director Nicolaj Noes said they
were always “working closely with our stakeholders, and
importantly, local port authorities to understand how we
can best meet their requirements, now and into the future,
with our national and diverse fleet of vessel types and
capabilities”.
Svitzer Newton, welcomed to Fremantle last year, is to sail
to the east coast to join the Newcastle fleet.
“To that end, we have been working closely with our port
stakeholders Fremantle Ports and Port Authority New South
Wales to determine port operations requirements,” Mr Noes
said.
“We look forward to welcoming Svitzer Ruby, Svitzer Redhead
and Svitzer Newton to their respective ports.”
With the new additions, Svitzer’s tug fleet will number
more than 432 vessels in over 100 locations worldwide.
Svitzer Ruby soon will be in operation at Port Kembla, New South Wales
WiseTech goes
to market
Pursuing a global growth strategy is behind WiseTech Global’s
latest share offering, chief executive and founder Richard White
has indicated.
The freight forwarding/tech giant announced an underwritten
$250m institutional placement to be followed by the opportunity
for eligible shareholders to participate in a share purchase plan
or offer.
The move necessitated a trading halt.
“Growth is our primary driver and, across the global logistics
industry, the opportunity now available to WiseTech is vast,” Mr
White said in a statement to the market.
“Through the offer
announced, we add
further strength to
our balance sheet and
increase the capacity at
which we can accelerate
our long-term organic
growth, through
relentless innovation
and the acquisition of
strategically valuable
assets in important
new geographies and
key adjacencies.”
Mr White said they
would continue to
execute on smaller, but
important, European
economies and key
WiseTech founder Richard White is looking
remaining markets
to pursue a strategy of aggressive growth
in Asia.
“As we expand geographically, we have also been widening our
reach into and across the supply chain,” he said.
“We are building out rapidly from our stronghold of
international logistics and complex cross-border compliance,
to leverage our innovation pipeline and put in place the key
technologies and assets to start building unassailable ecosystems.”
According to a statement on the WiseTech website, the
placement to raise $250m is underwritten by Goldman Sachs
Australia and Morgan Stanley Australia.
INDUSTRY EVENTS
2019 EVENT
1-3 May Victorian Transport Infrastructure Conference 2019, Melbourne vicinfrastructure.com.au
23-24 May AFIF 2019 national Conference and Gala Dinner, Melbourne afif.asn.au
10-13 Sep Australasian Coasts & Ports 2019, Hobart coastsandports2019.com.au
8-10 Oct Pacific 2019 International Maritime conference, Sydney pacificexpo.com.au
28 Oct-1 Nov AMPI Pilotage & Ports Logistics Conference, Sydney ampi.org.au/AMPI2019
14 Nov 2019 Australian Shipping & Maritime Industry Awards, Melbourne dcnawards.com.au
To notify DCN of events please email us at editorial@paragonmedia.com.au
Image supplied; WiseTech Global
16 April 2019
thedcn.com.au