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Marine Sale News

Put yourself on the map

Saturday February 20, 2010
IF YOU want your friends to be able to see your address just by looking at a map of metropolitan Melbourne, then this prominent house in Black Rock should be on your radar.

Power Sale Looms Closer

Friday August 22, 2008
Power sale looms closer

Super Launch Proves Nemesis As Hunter's Namesake Set For Sale

Monday June 30, 2008
THE Hunter's largest ocean-going police boat is set to be sold following the delivery of a new super launch to Marine Area Command in Sydney.

High On The Gloss

Saturday December 16, 2006
From warehouse to wow house - Kerrie O'Brien inspects an impressive conversion. PROPERTY REVIEW: PRAHRAN, 29 Hinton Lane $1.95 million Private sale Agent Kay & Burton, 9820 1111 Melway 2L G10

Breaking Waters Give Berth

Saturday April 22, 2006
Katherine Townsend drops anchor at a new marina development. PROPERTY REVIEW: MARTHA COVE, 140 Bruce Road $210,000-$3 million Private sale through the developers, 1800 006 446 Melway 150 H9

Adsteam Pumps Up Dividend; Looks To Tugs Offshore

Wednesday November 9, 2005
Adsteam Marine may expand its tugboat operations into overseas ports after a disastrous foray into North America taught the company to stick to what it does best.

Museum Piece Back On The Market For First Time In 33 Years

Monday February 28, 2005
Lyndhurst, the long-admired Glebe residence built for NSW's principal surgeon in the 1830s, has been listed for sale, ending three decades of State Government ownership.

Ams Plans To Take On New Ports

Monday December 13, 2004
The rival to Adsteam Marine has gained a third of the towage market, and aims to take more.

$56m For Adsteam Alaska Exit

Saturday July 24, 2004
Adsteam Marine has signed an agreement to sell its remaining Alaskan assets, finally putting its nightmare foray into North America behind it.

Adsteam Farewells Alaskan Mistake

Saturday July 24, 2004
Adsteam Marine is finally set to put its nightmare foray into North America behind it after signing an agreement to sell its remaining Alaskan assets.

Living The Marine Dream

Friday July 9, 2004
AUSTRALIAN filmmaker Leighton de Barros is a survivor of the world's most popular reality TV show so he was never going to let a few sharks bother him.

Adsteam Cuts Final Link To Old Managers

Friday June 11, 2004
Adsteam Marine yesterday severed the final link to its former management team, announcing the departure of long-serving chief operating officer Clay Frederick.

Concerns Tug At Adsteam's Shares

Friday February 27, 2004
Adsteam Marine shares hit a five-month low yesterday, after the tugboat company failed to dampen concerns over its British and Alaskan operations.

Northland Sale To Ease Adsteam's Debt Pain

Monday January 5, 2004
After its near-death experience in 2003, towage operator Adsteam Marine is expected to sell its half share of the Alaskan tug business Northland within weeks, a move that will go a long way in easing its crippling debt.

Adsteam To Raise $40m After Big Loss

Wednesday September 3, 2003
In a bid to ease its crippling debt burden, Adsteam Marine yesterday announced a $40 million capital raising after reporting its first loss since its 1997 relisting.

Records Spin Out In Coastal Rush

Saturday August 9, 2003
THE first house in the Swansea/Caves Beach/Nords Wharf area to score a million-dollar sale was in March this year.

Csiro Forced To Hock Research Ship

Thursday June 5, 2003
The cash-strapped CSIRO has sold one of its two a marine research vessels for a fraction of its official valuation, a Senate committee was told yesterday.

Csiro Loss On Vessel

Thursday June 5, 2003
BUDGET pressure forced the CSIRO to sell one of its marine research vessels at a massive loss, netting $3.5million less than was hoped.

Us Foray Absorbs Adsteam Dividend

Tuesday May 20, 2003
Adsteam Marine warned shareholders to expect another two years of pain after the debt-ridden tug boat operator scrapped its full-year dividend and signalled a humiliating exit from the US towage market.

Adsteam Sails Into Dividends Storm

Tuesday April 22, 2003
Fresh concerns have surfaced about Adsteam Marine's ability to pay dividends amid speculation that the tugboat operator is considering cutting adrift poorly performing assets to reduce its debt.