West Coast Port Dispute Reach Tenative Deal The longshoremen and West Coast shippers have reached a tentative pact that addresses issues relating to pension benefits and arbitration procedures, including technological advancements. The agreement will allow the introduction of technology that would improve the flow of cargo through the West Coast terminals. The entire agreement which was announced late Saturday must be approved by members of the ILWU. Negotiations were guided by Peter Hurtgen, director of the Federal Mediation Conciliation Service. In a statement, the president said: "I am very pleased that labor and management have reached an agreement concerning the West Coast Ports. This agreement is good for workers, good for employers, and it's good for America's economy. I congratulate labor and management for working together to successfully resolve their disagreements and I also commend the efforts of Labor Secretary Elaine Chao and the Director of the Federal Mediation and Conciliation Service, Peter Hurtgen, for their tireless efforts in bringing this matter to a successful conclusion." The West Coast dockworkers committee will meet on December 9 to address the agreement between West Coast shippers and longshore union workers. If the agreement is met, the six-month negotiation appears would be resolved based on a tentative agreement reached over the weekend and submitted for final approval by the union's oversight committee.
Federal mediators announced last night that they will assist in West Coast port contract talks, following a joint request from the International Longshore and Warehouse Union and the private terminal operators, the Pacific Maritime Association. Jon Slangerup, Port of Long Beach Chief Executive, addressed the announcement by issuing the following statement: “We congratulate the ILWU and PMA for both agreeing to mediation
The hull substructure for the world's most advanced drilling rig Aker H-6e has started on its 50 days journey from to Stord in . Weighing 16 000 tonnes, equalling 16 000 cars, this is one of the largest drilling rigs to be towed. The hull is constructed by Aker Solutions at Drydocks World's yard and will be towed to Aker Solutions' yard at Stord, situated on the west coast of . There it will be assembled with the topside facility and subject to further construction work
GL Noble Denton Launches Marine Casualty Investigation Operations in Seattle. GL Noble Denton has expanded its Marine Casualty Investigation (MCI) practice in North America by launching operations in Seattle, a primary hub for marine insurance. The new base will allow the company's team of experienced surveyors to meet the growing demand for marine casualty investigations off the West Coast of the US and Canada
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. The G6 Alliance said the expanded cooperation will provide customers with more service choices and increased sailing frequency. For example, on the Asia-North America West Coast trade, each G6 Alliance member will be able to offer almost twice as many sailings
The gridlock at U.S. West Coast ports that has forced McDonald's to ration French fries at its Japanese restaurants and interrupted supplies to retailers such as Lululemon is unlikely to be alleviated by routing cargoes through Canada, whose Pacific ports face their own problems. Capacity is already limited at Canada's largest port, Port Metro Vancouver, which is also staring at the possibility of another crippling strike by container truck drivers.
P&O Ports has signed an agreement to acquire two businesses from BCR Marine in Canada for CDN$105 million. The assets concerned are the CASCO container terminal (Centerm) in Vancouver and Canadian Stevedoring, which offers cargo handling services in ports throughout British Columbia. It is P&O Ports' first venture into the Canadian market and its first acquisition on the West Coast of North America. Completion of the transaction is anticipated in the first quarter of 2003.
West Coast ports which have suffered a work stoppage for over a week, are set to reopen today. Yesterday afternoon, a federal judge issued an injunction to force the ports to reopen. President Bush asked for an 80-day cooling off period in order to attempt to clear the backlog from more than 200 ships loaded with cargo that have been unable to offload shipping containers or take on new cargo. The port closures are "hurting truckers, rail operators ..
Evergreen announced changes to its Pacific Coast/ Far East services in order to improve transit times and benefit customer service requirements between Asia and U.S. and Canadian ports and inland points. This week, the U. S. West Coast/Japan, Korea Service (KJW service) which utilizes 1,810-TEU "L" type vessels will call at Los Angeles and Portland on both inbound and outbound legs but will discontinue calls at Vancouver and Tacoma.
Temporary suspension of Central China (CC2) Service / All ports covered by other G6 services In response to seasonal changes in market demand, the members of the G6 Alliance announced the temporary suspension of their Central China (CC2) service between Asia and the U.S. West Coast until further notice. The last sailing for CC2 will be “OOCL Italy” departing from Shanghai on October 31. All ports called by CC2 will be covered by other G6 Alliance services.
Conservative think tank The Heritage Foundation argued for increased U.S. port cybersecurity in a report published online this week. "The U.S. Department of Homeland Security (DHS) and maritime stakeholders need to stay ahead of [cybersecurity] risks in order to keep trade flow
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
Hornbeck Offshore Services has closed the sale of three 250EDF class OSVs to the U.S. Navy, the company announced today. The three vessels were sold for cash consideration of $114 million, the company reported. This is expected to result in a gain on sale of assets of
Cargo ship Lysblink Seaways will be towed to Inchgreen, Greenock for repair work after grounding last month on Scotland’s west coast. The vessel, which ran aground February 18, was refloated and taken to Scallastle Bay in the Sound of Mull where Svitzer Salvage has a team on board
The status of a dispute between shipping executives and union leaders for dock workers at 29 U.S. West Coast ports was unclear on Friday, with the Journal of Commerce, which earlier reported a deal may have been reached, saying conflicting reports had emerged on the status of the nine-month-old
The National Retail Federation issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on the ongoing West Coast port contract negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA):
A group of shipping companies and a powerful dockworkers union clinched a tentative labor deal on Friday after nine months of negotiations, settling a dispute that disrupted the flow of cargo through 29 U.S. West Coast ports and snarled trans-Pacific maritime trade with Asia.
The White House said on Friday a deal between West Coast ports and the dockworkers union was "a huge relief" for the economy, businesses and workers affected by the lengthy labor dispute. President Barack Obama had received an update on the talks late on Thursday from Labor
Adani Ports and Special Economic Zone (APSEZ) today said its Hazira port had recently handled a record quantity of rock phosphate of 188,684 metric tonnes, highest amongst any commercial port in single calendar month. With this feat
Chicago Mercantile Exchange live cattle futures will likely edge upward on Monday on short-covering and last weekend's West Coast labor dispute agreement, traders said. Cargo loading and unloading resumed full operations on Saturday after shipping companies and union dock workers reached a
Congestion at the U.S. West Coast ports could take as much as two months to unwind, according to port and trade group officials, with retailers and other companies bracing for further shipment delays after the apparent resolution of a months-long labor dispute.
The disruptions at West Coast ports in the U.S. caused by a labor dispute won’t do much harm to the financial results of the Germany’s biggest container shipping line Hapag-Lloyd AG, reports Bloomberg. Hapag-Lloyd isn’t seeing massive declines in a way that it is
James Fisher Marine Services’s (JFMS) multipurpose wind farm support vessel, Dart Fisher, has been formally named by the vessel’s Godmother Maria McCaffery MBE, CEO of RenewableUK at a dedication service held at Griffon Hoverwork, Southampton.
Hamburg Sud has entered into a long-expected purchase agreement for Chilean shipping line CCNI (Compania Chilena De Navigacion Interocea) for an undisclosed sum. The transaction is expected to close by end-March pending approval by antitrust authorities, said Hamburg Sud
Cargo ship Lysblink Seaways, which ran aground on Scotland’s west coast February 18, will be transported to shelter this afternoon after a successful ship-to-ship fuel oil transfer was performed yesterday, the U.K. Maritime and Coastguard Agency (MCA) reported.