Ann: Aurizon secures major national freight contract, page-193

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rivella

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12/09/24

09:26

Post #: 75639602
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Originally posted by Hopeful9: ↑

The Tuesday 10 September Melbourne to Perth intermodal had 82 wagons once the halves were combined at Moorabool Loop near Geelong.

The pre-Christmas peak is approaching, so one would hope AZJ's trains across the Nullarbor are well loaded.

On another topic, foreign-flagged ships providing occasional coastal shipping as an option for freight 'not in a hurry' are incurring huge delays. The patience of consignors and receivers must be sorely tested, as time is money.

Here's one example. Note it's keeps getting amended:

,We wish to advise that vessel, Maersk Shekou V.435S/ 438N will be omitting Sydney portcall in Australia for schedule recovery.Please find the following latest tentative Australian coastal schedule:
Port ETA ETD
Melbourne 22/09/2024 0300 hours 25/09/2024 0700 hours
Sydney OMIT OMIT
Adelaide 29/09/2024 0730 hours 01/10/2024 0600 hours
Fremantle 06/10/2024 1830 hours 08/10/2024 1500 hours

This container ship then became even later:

09/09/2024Vessel Schedule UpdateAU2 Service – MAERSK SHEKOU V.435S / 438N
Dear Valued Customer,We wish to inform you that the Maersk Shekou V.435S/438N is encountering further delaysdue to adverse weather conditions and port congestions into Australia. The following is thelatest Australian coastal schedule (which may still be subject to changes):
Port ETA ETD
Melbourne 27/09/2024 30/09/2024
Sydney OMIT OMIT
Adelaide 01/10/2024 03/10/2024
Fremantle 09/10/2024 11/10/2024

Sending a container from Sydney to Perth is not possible on this voyage, as the 'port call' in Sydney has been omitted by the Ocean Network Express shipping line.

Sending a container from Melbourne to Perth that's been (say) waiting for loading from 20 September then becomes an arrival in Perth of 9 October "if you're lucky" but it may be later as no guarantee the revised timetable will be adhered to.

Compare this to rail that even allowing for loading the container at the North Dynon rail yard in Melbourne and unloading it in Perth should occupy about three days, as most times the interstate intermodal trains are reliable. Touch wood, no derailments or flooding of rail lines for months.

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Hopeful9 -Thanks once a gain for your very informative posts. Seeing the fall in SP from $4 down to now, are you tempted to re-enter AZJ ?
I also exited AZJ in April and bought LAU last month, seeing it as a better bet. But AZJ looks presently as a reasonable long term holding. Tempting !
Riv

AZJ Price at posting: $3.38 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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