Palmer forms new shipping business

MINING magnate Clive Palmer has formed a new commercial shipping business to service his Queensland Nickel Group's ore importation freight activities.

The business will be known as Asia Pacific Shipping Enterprises and will operate a fleet of Chinese-manufactured ships out of Singapore.

Mr Palmer said the new shipping business would commission four,64,000 tonne vessels to be built by the state-owned Chinese company CSC Jinling Shipyard.

On Monday Mr Palmer announced the same company would build a 21st century version of the luxury cruise ship Titanic, which he named Titanic II.

"The Jinling shipyard has delivered and exported hundreds of large vessels to buyers from more than 20 countries," he said.

"The company was founded 60 years ago and boasts a 1.23 million sq m factory and the largest comb-type slipway in the world, which has set a Guinness world record for the heaviest launching weight of a vessel by a side slipway."

Queensland Nickel Group also owns the Palmer Nickel and Cobalt Refinery near Townsville, the five-star Coolum Resort on the Sunshine Coast, the Robina Wood and Colonial Golf courses on the Gold Coast and the Styx Coal development project in central Queensland.

"This is an exciting time for the Queensland Nickel Group of Companies, which has an expanding international footprint across Asia and the South Pacific region," Mr Palmer said.

"The group has been expanding from minerals processing activities to embrace tourism and hospitality, resource exploration and development and shipping opportunities.

"I'm proud of the capable and committed people in the Queensland Nickel Group of Companies who continue to strive to develop and grow the business. We are well positioned to embrace further development opportunities."

Topics:  clive palmer, commercial shipping, csc jinling shipyard, queensland nickel group




Local Real Estate

finda logo
Featured Real Estate
Something Extraordinary... Offers Over...
House 2 2
Rathgar House - Mayoral... Offers Over...
House 10 5
Instant Equity for the... Offers Over...
House 3 1 2
Superb Quality & Pure... $399,000
House 4 3 3

Featured Jobs

finda logo

Clarence Valley jobs listed daily


Featured Jobs
We are seeking an... Coffs Harbour Full Time
FULL TIME WEB... Fortitude Valley Full Time 75,000 - 90,000
GENERAL MANAGER ... Gladstone Full Time $120 - $150
Admin Officer ... Grafton Part Time
BRIDGESTONE SELECT ... Grafton Full Time
Various Positions Grafton Full Time
Registered Nurse Grafton Casual
Clarence Aboriginal... Grafton Full Time
Bus Driver Port Macquarie Full Time


Local Partners

LATEST DEALS AND OFFERS

Free Seed Packets

with token from today's paper
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Property Listings

Post an ad from $30
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Virgo

Move beyond your typical tastes and explore what's possible in cuisine. Cooking will be high on your agenda right now. Someone may make an...

read more

Marketplace

Special Offers & Promotions

Compare & Save