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Patrick Stevedores
Patrick Corporation is an Australian seaport operator with operations in Brisbane, Fremantle, Melbourne and Sydney. Formerly listed on the Australian Securities Exchange, it is owned by Brookfield Asset Management and Qube Holdings. History Patrick Steamship Co was founded in 1919 by James Patrick. It operated a shipping service with the SS ''Timaru'' out of Sydney along the East Coast of Australia. By 1925 it was operating as both a shipping line and stevedore, gradually expanding interstate. The shipping operations were sold to Howard Smith Limited. Patrick was one of the main parties in the 1998 Australian waterfront dispute. In '' Patrick Stevedores Operations No 2 Pty Ltd v Maritime Union of Australia'', Patrick was found to have illegally dismissed its workforce. In 2000 Patrick Corporation took over Holyman. In February 2002, in partnership with Toll Holdings, it acquired a 50% shareholding in Pacific National that purchased FreightCorp and the National Rail Corporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Patrick (shipowner)
Capt. James Ronald Patrick (1880 – 8 May 1945) was an Australian shipowner, born in Bothwell, Scotland; founder and governing director of James Patrick & Co. Pty. Ltd. and the Patrick Line of cargo ships. Early life He began his successful career by working his way to America at the age of 13. He worked for two years in a sailing ship, deserted in Hong Kong and joined an American sailer in Japan. In 1913 he was master of the Currie Line steamer ''Gracchus''. At the outbreak of World War I he joined the Royal Navy and in 1917 he was promoted to lieutenant commander. he took over command of the sloop , the last sailing vessel in the Royal Navy. According to his Senate promotional advertisement (which also had him running away to sea at the age of 12) he was promoted to commander in 1920. Patrick Shipping In 1919 he founded Patrick Steamship Co. Ltd. with the purchase of the ship ''Timaru'', the SS ''Skylark'' and the three-masted schooner ''Abemama''; these vessels were ideally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holyman
Holyman was an Australian company that operated cargo ships and ferries in Australia and other countries. The company had three divisions; Domestic shipping and transport services, Ferries and Bulk commodity handling. The company was founded in 1994 when the Shipping and Development Division of TNT was spun-off and floated on the Australian Securities Exchange. Assets in the original float included a gas pipeline, a coal loading terminal, bulk ore carriers, bulk sugar carriers, a 50% interest in Condor Ferries, and premium commuter ferry service, Express Navigation in New York. Not long after the float, the company expanded its presence in the fast ferry industry by taking a 75% stake in Cat-Link, a start-up ferry operation in Denmark. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linx Cargo Care Group
Linx Cargo Care Group is a transportation and logistics company in Australia and New Zealand – headquartered in Sydney. History Linx Cargo Care Group was founded in August 2016 when Asciano was broken up in August 2016. The Patrick Bulk and Automotive Port Services business was purchased by a consortium of British Columbia Investment Management Corporation, Brookfield Asset Management, GIC and the Qatar Investment Authority and renamed the Lynx Cargo Care Group. Business Units Linx Cargo Care Group comprises Linx, Autocare Services, C3, Pedersen Group, and GeelongPort. Linx The Linx business provides road transport and rail services – stevedore services and bulk storage and handling solutions, Autocare Services Autocare Services operates a national network of finished vehicle logistics and related services across every Australian state and the Northern Territory. Autocare was founded in 1961 – acquired by Patrick in 1996 and is now part of Linx Cargo Care Group follo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asciano Limited
Asciano Limited was an Australian freight logistics company, operating in railway freight and shipping. Asciano was demerged from Toll Holdings in 2007, and owned Patrick Corporation and Pacific National as subsidiary companies. Asciano specialised in bulk and container shipping and transportation, with port and train operations across Australia. It had over 8,000 employees. It was an ASX 50 company. In June 2015, Brookfield Infrastructure Partners launched a takeover offer for the company, and Qube Holdings later made a counter offer. The offers had attracted the attention of the Australian Competition & Consumer Commission, with both already owning transport and port operations in Australia. On 3 June 2016, shareholders of Asciano voted in favour of the takeover bid with the Foreign Investment Review Board announcing that it had no objections for the offer on 27 July 2016. The scheme implementation date was set on Friday 19 August 2016 where payment of the Scheme consideration ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Competition & Consumer Commission
The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Trade Practices Commission and the Prices Surveillance Authority to administer the '' Trade Practices Act 1974'', which was renamed the ''Competition and Consumer Act 2010'' on 1 January 2011. The ACCC's mandate is to protect consumer rights and business rights and obligations, to perform industry regulation and price monitoring, and to prevent illegal anti-competitive behaviour. Historical origins The ACCC's deeper origins are found in the Restrictive Trade Practices Act of Sir Garfield Barwick, Attorney-General in the Liberal Government of Sir Robert Menzies in 1965. Opponents derided Barwick's Trade Practices Act 1965 as "ineffectual". (The Act) did not declare any practices illegal ipso facto, but only did so after detailed investigatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virgin Australia
Virgin Australia, the trading name of Virgin Australia Airlines Pty Ltd, is an Australian-based airline. It is the largest airline by fleet size to use the Virgin Group, Virgin brand. It commenced services on 31 August 2000 as ''Virgin Blue'', with two aircraft on a single route. It suddenly found itself as a major airline in Australia's domestic market after the collapse of Ansett Australia in September 2001. The airline has since grown to directly serve 32 cities in Australia, from hubs in Brisbane Airport, Brisbane, Melbourne Airport, Melbourne and Sydney Airport, Sydney. The airline's headquarters is based in South Bank, Queensland. It was co-founded by British businessman Richard Branson (the founder of Virgin Group), and former CEO Brett Godfrey. In 2011, the airline went through a massive transformation—the changing of its brand to Virgin Australia. This included the introduction of a new aircraft livery, new uniforms, and new onboard menu options as well as a busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railway Gazette International
''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport professionals and decision makers, railway managers, engineers, consultants and suppliers to the rail industry. A mix of technical, commercial and geographical feature articles, plus the regular monthly news pages, cover developments in all aspects of the rail industry, including infrastructure, operations, rolling stock and signalling. History ''Railway Gazette International'' traces its history to May 1835 as ''The Railway Magazine'', when it was founded by Effingham Wilson. The ''Railway Gazette'' title dates from July 1905, created to cover railway commercial and financial affairs. In April 1914 it merged with ''The Railway Times'', which incorporated '' Herapath's Railway Journal'', and in February 1935 it absorbed the ''Railway Engine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Rail Corporation
The National Rail Corporation was an Australian rail operator established by the Government of Australia, Federal, Government of New South Wales, New South Wales and Government of Victoria (Australia), Victorian governments in February 1992. In February 2002, National Rail was sold to a Patrick Corporation and Toll Holdings consortium and rebranded Pacific National. History The National Rail Corporation was established in February 1992 after the Government of Australia, Federal Government, and State Governments of Government of New South Wales, New South Wales and Government of Victoria (Australia), Victoria agreed to its establishment in July 1991. It took over the running of all interstate services from Australian National Railways Commission, Australian National, FreightCorp and Public Transport Corporation, V/Line. National Rail took over cross-border operations progressively from April 1993 over the interstate network between Brisbane, Sydney, Melbourne, Adelaide, Alice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_Boeing_737-7FE_at_Melbourne_Airport.jpg "Click for more on -> Virgin Australia")
