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Negotiation Committee News

02 Oct 2003

Crowley Relocates Within Port Everglades

Crowley Liner Services, the first tenant in Port Everglades developing Southport Container Complex and the largest container volume producer, has agreed to reconfigure its leasehold, a move that is strategically beneficial for both Crowley and Port Everglades. The Broward County Board of County Commissioners has approved a recommendation by the Port Everglades Department to relocate a portion of the current leasehold to the south of Crowley’s current terminal. This action makes a prime parcel of dockside land available for leasing to container businesses through a competitive bidding process already underway. The Port received six responses to its Request for Letters of Interest for a new Southport Marine Terminal Operator.

23 Oct 2003

MSC to Lease New Marine Terminal at Port Everglades

An appointed selection committee unanimously chose Mediterranean Shipping Company S.A. (MSC) to negotiate a lease and operating agreement for a 36-acre dockside container terminal at Broward County’s Port Everglades. Final approval is subject to consent from the Broward County Board of County Commissioners, the governing authority for Port Everglades. This terminal is expected to generate approximately one-million tons of cargo annually with two weekly services at Port Everglades, according to MSC officials. MSC, of Geneva, Switzerland is a privately owned shipping line, founded in 1970. The company has grown rapidly to become one of the leading global shipping lines.

26 Feb 2007

Contemplated Reductions of the Labor Force

The management of Odense Steel Shipyard Ltd. has decided to initiate negotiations for a reduction in the number of employees due to difficulties in obtaining new orders. According to the Management the reduction may amount to approximately 140 salaried employees in the administration, design and engineering departments. There will be a continued need for approximately 440 salaried employees and efforts towards obtaining new orders will continue. The Yard presently employs approximately 575 salaried and 2,600 waged employees. The management of Odense Steel Shipyard Ltd. and employee representatives will immediately initiate negotiations, and a negotiation committee will be established in order to reduce the impact of the contemplated reductions.