Transport & Logistics

Geraldton-based Bhagwan Marine has grown its subsea services division with the acquisition of Delta Subsea for an undisclosed amount.

Transport and logistics business McAleese Group has flagged an impairment of up to $55 million in its half-year accounts, while remaining quiet on speculation of a recapitalisation plan.

The new chief executive of Western Australia’s oldest company, and one of the state’s biggest trucking and logistics operators, believes there are growth opportunities across most parts of the business despite the downturn in mining and resources.

The state government plans to appeal last month’s shock Supreme Court ruling that overturned approval of the Roe 8 highway project, while also announcing it intends to proceed with a new environmental review of the project.

The federal government will spend $8.5 million to change the traffic lines on all Mitchell and Kwinana freeway on-ramps in an effort to improve traffic merging and remove the stigma widely associated with Perth drivers.

The cities may be on the opposite sides of the globe, but it seems like Perth and Houston are a lot closer these days.

Mining services company Ausdrill has announced plans to sell its underperforming DT HiLoad truck tray manufacturing business, and is in discussions with several interested parties.

Shipbuilder Austal has won a $US51.7 million ($A71.8 million) contract to provide upgrade services to the company’s biggest customer, the US Navy.

Austal has won a $63 million contract to build two patrol boats for the Australian Department of Defence, with the terms of the deal signed with National Australia Bank including a buy-back clause.