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Services stories

The following stories relate to Tasmania’s Services sector.

TT-Line posts record profit

TT-Line posted a record after-tax profit of $25.1 million for the year ended 30 June 2017, according to the company’s annual report tabled in State Parliament in October. Company Chairman Michael Grainger (also Chairman of the Brand Tasmania Council) said TT-Line improved its performance compared to last year in virtually every metric. “In addition to achieving record after-tax profit, through the refurbishment of the Spirit of Tasmania vessels, increased sailings and lower average passenger fares, the company achieved record total revenue of $231.8 million,” he said.

The number of sailings increased by 3 per cent to 838. Day sailings totalled 144 – the most since 2004. Passenger numbers increased by 4 per cent to 433,925, also the highest figure reported since 2004. Freight volumes were the highest on record: 103,430 20-foot equivalent units compared to 100,626 last year. TT-Line is working with the Tasmanian Government on vessel replacement. The valuation of its two vessels did not change compared to the previous year – they were valued at 65 million euros each as at 30 June 2017.

Mr Grainger said 2016–17 was the first year of a new five-year deal (2017 to 2021) with North Melbourne to play AFL games in Hobart. “Spirit of Tasmania’s relationship with North Melbourne (since 2012) has delivered significant brand recognition in our key markets interstate through Channel 7 and Foxtel, and flow-on benefits to the State, particularly in hotel and restaurant businesses,” he said.

6 November 2017, Edition 189

BET appoints four ambassadors

Business Events Tasmania (BET) has appointed four additional people to its Ambassador’s Program to help secure more national and international conferences. They are:

·        Karen Rees, the Tasmanian Polar Network;

·        Irene Penesis, the Australian Maritime College;

·        Gretta Pecl, the Institute for Marine and Antarctic Studies; and

·        David Armstrong, AK Consultants (agricultural and natural resource consultant).

There are now 12 ambassadors who bring their own personal expertise and their own network groups to BET’s activities. The organisation generated 233 bids last year and scored 97 wins with an estimated future contribution to the State economy of $44 million.

4 July 2017, Edition 185

Spirits funding bill passes

A bill to establish a special fund for the future replacement costs of the Spirits of Tasmania passed through Parliament in April without amendment. The Treasurer, Peter Gutwein, said he was pleased to see the TT-Line’s Vessel Replacement Fund Bill through the Legislative Council. The resultant fund would ensure that the State would be well placed to meet the future replacement costs of the two vessels. “The money will be locked away and only able to be used for that purpose,” Mr Gutwein said. “It will also allow further contributions to be deposited as the State Budget allows.” In 2016, the number of people travelling to Tasmania by sea rose by 11 per cent. The reintroduction of a Sydney to Devonport passenger ship has been raised in the media by out-going tourism industry spokesperson Ian Waller.

1 May 2017, Edition 183

Defence rejects Tassie prototype

Tasmania’s difficulties in securing Australian Defence contracts continued in August when its Sentinel II Combat Reconnaissance Vehicle was ruled out of the tender process for a new $2.7 billion contract to design and manufacture a state-of-the-art armoured vehicle. Significant investment had gone into the production of three prototypes in the bid for the Australian Defence Force’s Land 400 program by Team Sentinel, a consortium made up of global manufacturing companies including Tasmania’s Elphinstone Group and CBG Systems. The first Sentinel II vehicle was assembled by Team Sentinel partner ST Kinetics in Singapore and arrived in Tasmania in June on board a Russian air freighter. The Defence Force ruled in early August that the prototype did not meet all its criteria.

30 August 2016, Edition 175

Swire needs cargo from Hobart

Singapore-based Swire Shipping’s direct service from Hobart to interstate ports is operating at less than a third of its capacity. The service was introduced in November 2015 to help unblock a Bass Strait freight impasse, but it has not attracted the custom it expected. Swire’s Commercial Manager, Alex Pattison, said: “We've got a ship on berth every nine days and we would like to see that supported by locals.” The ship can carry up to 300 containers, but has been transporting about 90 containers on each sailing. The Chairman of the Hobart Chamber of Commerce and Industry, Bob Gozzi, urged local businesses to make the most of the new service. A proposal to ship about 300,000 tonnes of pulpwood in containers from Hobart could provide a lift to the struggling service, if it is approved.

24 May 2016, Edition 172

Our brand is flying in China

Edition 165 Premier Hodgman, Minister Groom and Tim Hess from Petuna with Mr Tang Qiqing  the Chairman of Shanghai Fisheries General Corporation (Group) at the Savour Tasmania dinner

Tasmania’s brand is on the rise in China, the leader of Tasmania’s largest trade mission to our biggest export customer said in September.

6 October 2015, Edition 165

Commemorative whisky goes on sale

A limited release of 220 bottles of a special Lark Hall of Fame Limited Release Whisky will be on sale this month in Australia and Britain. Pioneer distiller Bill Lark had the whisky decanted and bottled to celebrate his induction in London into the Whisky Hall of Fame. The singular single malt was matured inside a 200-litre Heaven Hill Bourbon Cask from Kentucky. It was finished in a 90-year-old Seppeltsfield Para Port Cask at the Lark Bond Store at Cambridge and caused Mr Lark’s eyes to twinkle after it was decanted.

2 September 2015, Edition 164

Whisky chocolate is best at show

Launceston chocolatiers Rick and Theresa Streefland (Cocobean Chocolate) won the top prize at the Royal Hobart Fine Food Awards in August. A whisky chocolate using many local ingredients beat off 1,491 other entrants to take out the Richard Langdon Trophy for best exhibit in show. The Royal Agricultural Society of Tasmania attracted the highest entry numbers in the show’s 19-year history and 71 per cent of medal winners were Tasmania-based. Blue Hills Honey collected 19 medals, including eight gold.

2 September 2015, Edition 164

Chu elected to world hydro board

The Managing Director of Entura, Tammy Chu, has been elected to the Board of the International Hydropower Association. The CEO of Hydro Tasmania, Steve Davy, said: “Tammy’s appointment is recognition by the hydropower community of the contribution Entura and Hydro Tasmania make to global sustainable hydropower development, and of Tammy’s impressive credentials.” The association works to build and share knowledge on the role of hydropower in renewable energy systems, responsible freshwater management and climate change solutions. It has members in more than 80 countries.

2 September 2015, Edition 164

Baby club idea opens $500b market

Edition 164 Elizabeth and Peter Hope hosting the President of China Women’s News Huang Haiqun earlier this year. Image courtesy of The Mercury

A baby club concept implemented in Hobart 29 years ago has opened access to China’s $500 billion mother-and-baby market.

2 September 2015, Edition 164

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