Longshoremen load first log ship in Everett since 2002, March 2012
The cargo ship has been a visible presence at the Port of Everett the past few days, tied up just south of the Kimberly-Clark paper and pulp mills.
The shipment contains 5.2 million board feet, the equivalent of 1,300 truckloads of logs.
South Korea’s Korea Electric Power Corp and four of its thermal power utilities are considering to invest in coal assets in the US, in line with a long-term strategy of diversifying the origin of the country’s coal imports, industry sources said Monday.
The equity investment will provide the South Korean companies with an offtake agreement.
Excerpts from the Journal of Commerce:
International Longshoremen’s Association President Harold Daggett warned of a possible ILA strike if the union can’t secure acceptable terms in a new contract.
“I’m not threatening to strike, but you’ve got four hurdles to jump over,” Daggett told an audience at The Journal of Commerce’s 12th Annual Trans-Pacific [...]