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Aerial Drone of NSS @ Work

NSS recently partnered up with SkyDronics to bring you a series of aerial drone videos of just some of the services we offer at NSS.

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Move drone video and other NSS videos can be found over on our YouTube Channel.

Canada’s Brookfield Asset Management plans to launch an initial public offering (IPO) for its $1.4 billion Dalrymple Bay Coal Terminal, Reuters reports.

Brookfield had put its plans for a sale or listing on hold in March amid coronavirus travel restrictions, but talks resumed with investors in July, sources said.

The Reuters report indicated that DBCT would meet with Australian and offshore investors this week, although Brookfield declined to comment.

The common-user coal export terminal is based at Hay Point, 37km south of Mackay, and about 80 per cent of its exports are metallurgical coal and 20 per cent thermal. 

With an export capacity of 85 million tonnes per annum, it services a host of coal mines in Queensland’s Bowen Basin

The IPO plans come in the wake of reports that China has put a freeze on accepting Australian coal imports amid rising trade tensions between the countries.