Territory Stories

The Northern Territory news Wed 4 Nov 2020



The Northern Territory news Wed 4 Nov 2020

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NT news


The Northern Territory news; NewspaperNT






Community newspapers -- Northern Territory -- Darwin.; Australian newspapers -- Northern Territory -- Darwin.

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News Corp Australia

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Copyright. Made available by the publisher under licence.

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News Corp Australia



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WEDNESDAY NOVEMBER 4 2020 BUSINESS 31 V1 - NTNE01Z01MA Departing Sea Swift Sea Swift chief executive officer Fred White is retiring. SEA Swift chief executive officer Fred White is retiring from his role at the helm of the private shipping company. Sea Swift chairman Steve Boulton said Mr White has made an outstanding contribution to the Northern Australia marine transport company over the past 12 years. Fred has had a tremendously successful 12 years as leader of Sea Swift, overseeing a period of rapid growth and expansion, as well as changes in the market and customer needs, said Mr Boulton. Mr White joined Sea Swift in January 2009 as chief executive after spending 20 years in the mining industry, predominantly in Mount Isa. Since joining Sea Swift, he has successfully steered the company through the Global Financial Crisis, change of ownership, and expansion into the Northern Territory. Mr White said the timing was right to step down at Sea Swift and open the door for another chief executive to be appointed who will continue to drive the company forward. The recent transaction we completed with the sale of Sea Swift from Champ Ventures to the Queensland Investment Corporation Global Infrastructure Fund has, and will, set up Sea Swift, its employees and customers for a higher level of professional service well into the future, said Mr White. In QGIF, we now have the ownership structure that will enable us to invest in necessary fleet and infrastructure that will see the region serviced very well for many decades to come. GARY SHIPWAY BUSINESS EDITOR White retiring after 12 key years as company CEOEvent to focus on recovery WITH the NT facing some of its biggest budget challenges, the Property Council will host an event to examine how we recover, rebuild and rebound and make the Territory grow by thousands of more jobs and billions of dollars by 2030. Co-chairs of Team Territory, Clare Martin and Dick Guit, will dissect the Territory Economic Reconstruction report. This event on December 11 at the Darwin Innovation Hub will be hosted by Katie Woolf. The event is from noon to 3pm. The cost is $70 for members; $90 for non-members. The Territory Economic Reconstruction Commission is currently drafting its final report, which will contain recommendations to reform and modernise the NT economy, make it easier and better to do businesses in the Territory, create more jobs and attract more private investment. The final report will be delivered to the Chief Minister in late November. GARY SHIPWAY All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. Licensed Agents 38/RBL Suite 1/25 Parap Road, Parap NT darwin.ljhookercommercial.com.au LJ Hooker Darwin - Commercial 8924 0977 l LJ Hooker Palmerston 8931 7000 ( LJ Hooker Commercial Pinelands Solid Development Potential Area Under Title 7,670m2 Good holding income potential. Three access points. Loading ramp. Able to be subdivided. Full drive around access. Shed - truck workshop *160m2. Large open undercover workshop *130m2. Small open undercover workshop *50m2. *approximately. LJ Hooker Darwin - Commercial 8924 0977 Woolner Prime Development Site Area Under Title 2 hectares 700m2. Good holding income potential. Good Bishop Street frontage. Three separate tenancies. T1, Area *5, 100m2, Warehouse/Office *1,410 m2. T2, Area *9, 100m2, Warehouse/Office *1,246m2. T3, Area *6,100m2, Warehouse/Office *986m2. *approximately W Hooker Darwin - Commercial 8924 0977