West Coast Ports: ILWU Votes for 3-year Contract Extension The contract extension is until July 1, 2022 and should ensure labor peace on the West Coast until that time. The ILWU and PMA began to talk about an extension as early as March 2015, to avoid the setbacks that led to severe disruptions in 2014 and 2015. About 67% of workers associated with the International … [Read more...]
West Coast Contract Extension?
West Coast Contract Extension? The PMA (Pacific Maritime Association) which represents terminal operators and shipping companies at the ports of Los Angeles and Long Beach, has formally proposed a three-year contract extension to the International Longshore and Warehouse Union (ILWU). The current contract expires July 1, 2019. The proposal would be from 2019-2022. From … [Read more...]
2017 – What is coming?
2017 - What is coming? Here are a few topics for 2017: Ocean shippers - several topics ACE - January deployment postponement Mexico City - official change For ocean shippers in 2017 (from JOC): “2016 was one of the wildest years in container shipping history. Within one year, the industry witnessed the largest bankruptcy in liner history with Hanjin Shipping, … [Read more...]
Hanjin – Update
Hanjin - Update From World Maritime News: Hanjin Shipping Has Enough Cash to Cover Offloading Costs Cash held by Hanjin Shipping, coupled with commitments from the company’s leading shareholder, the leading creditor, and the parent group’s CEO, should be enough to cover the costs of unloading cargo from the company’s container ships stranded offshore, Reuters reported a … [Read more...]
West Coast Ports Meeting to Talk Contract Extension
West Coast ports Meeting to Talk Contract Extension From Reuters: Major cargo shippers and the union representing dockworkers at 29 U.S. West Coast ports have agreed to talks on a possible extension of their current contract, which is set to expire in mid-2019, the two sides said in a joint statement on Tuesday. Negotiators for the Pacific Maritime Association (PMA) and … [Read more...]