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.
Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
In a container freight market challenged by volatility and facing the prospect of further consolidation, member shipping lines in the Transpacific Stabilization Agreement (TSA) have announced a phased increase in rates and a package of 2016-17 service contract guidelines intended to ensure
Seaspan hosted a groundbreaking ceremony today to announce it has officially started construction on a new head office in North Vancouver. The 7,800 square metre (84,000 square foot) corporate headquarters, scheduled for completion in late 2017
Damen Marine Components (DMC) is proud to announce the opening of its brand new facility in Jiangyin, China.Those present at the opening ceremony included CEO of Damen Shipyards Group RenéBerkvens and General Manager of DMC Jiangyin Aart Vogelaar
The Panama Canal Authority (ACP) announced a new tonnage record, welcoming 340.8 million Panama Canal tons (PC/UMS) through the canal for the 2015 fiscal year – a 4.3 percent increase year-on-year. This year's record surpasses the previous record of 333
J.B. Hunt Transport Services, one of the largest transportation companies in North America, reported increased profits in the third quarter as demand grew for transporting shipping containers. The company reported third-quarter earnings of $115
Freight rates for shipping containers from Asia to northern Europe fell 10 percent to $233 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
At least five people died after a whale watching boat with 27 people on board sank off Vancouver Island and a rescue mission remained active late Sunday, says Canadian authorities. 21 other people have been recovered from the water, says Lt
Torrential rainstorms battered Louisiana on Sunday, leaving thousands without power, after pounding southeastern Texas as the remnants of Hurricane Patricia converged with a second storm. The heaviest band of rain moved over the Gulf of Mexico
Five Britons were killed when a Canadian whale-watching boat sank on Sunday, the British foreign secretary said on Monday. The boat, carrying 27 passengers, sank off the coast of British Columbia on Sunday afternoon, sparking a rescue effort by the Coast Guard, fisherman and private mariners
DONG Energy announced today it has decided to construct the 660MW Walney Extension Offshore Wind Farm, located in the Irish Sea, approximately 19 kilometersm off the west coast of Britain. The final investment decision has been made after securing all necessary consents from authorities
Shipping freight rates for transporting containers from ports in Asia to Northern Europe surged 327.7 percent to $988 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
The world's fastest cruise missile - Supersonic cruise missile BrahMos - successfully hit decommissioned target ship 'Alleppey' located at a distance covering nearly the full range of the missile with high precision, India's defence officials said.
Swiss Shipping Line and Africa Car Carrier announce the starting up of their joint venture company under the name "Blue Alliance Shipping." Blue Alliance Shipping pools resources and many years of experience of the founding companies which combine their activities in the
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 31.8 percent to $674 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Shipping Exchange told Reuters.