If elected to government, Australia's opposition Labor Party says it will enhance Australia’s economic sovereignty and national security by creating a strategic merchant shipping fleet. As a first step, it will appoint a taskforce to guide the establishment of the "strategic fleet", which is likely to comprise up to a dozen vessels including oil tankers, container ships and gas carriers. The Australian-flagged and -crewed vessels will be privately owned and operate on a commercial basis, but could be requisitioned by government in times of need.

Toll Group unveiled on Sunday, February 24, Australia’s newest cargo ship, Victorian Reliance II, in a naming ceremony at Webb Dock at the Port of Melbourne.

Toll Group unveiled the largest general cargo vessel to fly the Australian flag in a ceremony on Sunday, February 17.

The first of two Ro-Ro cargo vessels ordered by Australia’s Toll Shipping has been floated out of a building dock at Jinling Shipyard in Nanjing.