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8 August 2026

Monadelphous wins A$200m Port Hedland contract

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Source reporting: Port Technology

Monadelphous wins A$200m Port Hedland contract

Monadelphous has secured a construction contract worth approximately A$200 million from BHP for work at the Nelson Point Port Facility in Port Hedland, Western Australia. The agreement is associated with BHP’s Port Debottlenecking Project 2 (PDP2), which is intended to increase capacity at the port facility. Under the contract, Monadelphous will install and commission the […] The post Monadelphous wins A$200m Port Hedland contract appeared first on Port Technology International .

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8 August 2026

Why is transit in goods free but trade is not?

In my previous two posts on the value of the WTO, I argued that when governments set trade policies independently, they focus on domestic effects but often overlook the costs imposed on trading partners. International trade agreements help governments take account of these cross-border spillovers (terms-of-trade externalities) by encouraging reciprocal negotiations over trade policy. While these negotiations will reduce trade protection, they will not necessarily lead to free trade. But if governments do not generally commit themselves to free trade, why has freedom of transit for goods been seen differently?

Source: World Trade OrganizationOriginal source

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