Over 300 dockworkers at APM Terminals in the Spanish port of Algeciras on Monday stopped work to protest a wage cut announced by the terminal-operating arm of A.P. Moller-Maersk.

The dock unions plan to stage a dozen 24-hour stoppages on selected days of the month, alleging that the company is demanding salary reductions of over 20 percent, according to the Gibraltar Chronicle, which said the action has led to many ships anchoring in the bay awaiting permission to enter into the port to unload cargo at the transshipment hub.

More in the Journal of Commerce