The union representing about 15,000 dockworkers at the US' largest ports declined an offer by employers to extend existing labor contracts for a year, setting the stage for heated negotiations.
The Pacific Maritime Association – which represents 70 ocean carriers and terminals operating at 29 West Coast ports – proposed extending its current agreement with the International Longshore and Warehouse Union for another year through July 1, 2023, it said in a Nov. 16 letter to the ILWU seen by Bloomberg News.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Ullman sees two main factors why the tanker market has not yet strengthened
The chief executive at Concordia Maritime, Kim Ullman, points to two factors as to why the tanker market is "surprisingly weak" in his last market report as chief executive before he retires.
Eneti orders second wind service vessel for USD 326 million
Wind carrier Eneti has just struck a deal for its second wind turbine installation vessel, worth USD 326 million.
The tanker industry cautiously awaits more data on Omicron to conclude anything
The new Covid-19 mutation, Omicron, could potentially undermine the much-needed market upturn for the tanker industry. Carriers say they need more information to comment on the impact.
OECD downgrades growth forecast for global economy
The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.
Oil extends gains after OPEC+ takes flexible stance on supply
Oil extended gains in Asian trading after the OPEC+ alliance decided to keep restoring supply, but also said it could revisit the decision at any moment due to high levels of uncertainty in the market.
Senior Charterer 
Sales Director 
Head of Operations for B-Gas A/S in Copenhagen 
Claims Executive, Skuld Copenhagen 
Technical Inspectors and Marine / Nautical Inspectors 
Software Project Lead