Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Exports reportedly help occupancy rates at Port of Tacoma

A new report out Wednesday from Colliers International says that export growth is key to helping improve Tacoma’s industrial real estate picture. The vacancy rate for industrial property in and around the Port of Tacoma – stretching from the Tideflats into Fife – has hovered at around 9 percent for the past year, said a [...]

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‘No frills’ container shipping to start China-CA service

The new no-frills service will connect California with the Taicang Gateway, 60 km north of Shanghai.

At a time when only the bravest might consider a major investment in container shipping by way of a brand new venture as a bright idea, next month TCC – The Containership Company – say they will launch [...]

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Korea’s Shipbuilding Industry Shows Signs of Recovery

Korea’s shipbuilding industry is seeing some signs of recovery after struggling from declining orders during the global recession. Samsung Heavy Industries announced on Tuesday that it won deals worth US$750 million from four European shipmaking firms to build nine oil tankers. Industry sources say Hyundai also could soon receive orders to build vessels for a [...]

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NYK, “K” Line Alter Container Ship Orders

Two of Japan’s largest shipping firms, NYK and “K” Line, reached agreements with shipbuilders to convert some container ship orders to orders for bulk carriers and other vessels, as demand for container shipping is expected to take time to make a full-fledged recovery.

NYK agreed … to convert seven of its 14 container ship orders [...]

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