Finland Transport Strike Ends

Tuesday, January 23, 2001
A deal was reached overnight to end Finland's transport workers' strike, Finnish media reported on Tuesday, ending a brief one-day action which brought port traffic to a virtual standstill, Reuters reported. At issue was the fate of 33 stevedores let go by top port operator Steveco at the eastern ports of Kotka and Hamina due to decreased workloads, with around 3,500 stevedores at Finland's 20 ports walking out on Monday to protest the firm's decision. Finnish media said the 33 stevedores would receive a training supplement equivalent to 12 months' pay as part of the deal between employers and the Finnish Transport Workers' Union (AKT) brokered by Finnish State Mediator Juhani Salonius.

Legal

Industry Wants Hanjin Shipping to Merge with Hyundai Merchant Marine

The Korea Shipowners’ Association (KSA) has officially suggested Hanjin Shipping merge with Hyundai Merchant Marine (HMM) to prevent  court receivership and liquidation, reports Business Korea.

Securing the Scorpene: DCNS to Move Court

The French shipbuilder DCNS plans to seek an injunction to prevent further publication of information contained in 22,400 secret documents about stealth submarines built for India,

SOS from Hanjin Shipping

The creditors' extended help is crucial for survival of Hanjin Shipping Co as its negotiations with owners of chartered ships over a cut in leasing rates and to

 
 
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