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.

Matson to boost fuel surcharge

Matson Inc. is poised to increase its fuel surcharge by 4.5 percentage points next month, likely adding to the costs of goods consumers will eventually pay.

Hawaii’s largest ocean carrier announced that it will boost the fuel surcharge to 43.5 percent from 39 percent on Oct. 7 for its mainland-Hawaii service as a result of [...]

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Louis Dreyfus issues bond, retains family control

Louis Dreyfus Commodities, the trading arm of Louis Dreyfus Group, is tapping the debt markets in order to raise money for expansion, taking pressure off a listing.

The commodities trading giant that had revenues of just under $60 billion (€47 billion) in 2011 has issued a $350 million bond, the first in the company’s 160-year [...]

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Gas Pipeline Proposed to Prince Rupert

A further step has been taken toward the possible construction of a liquefied natural gas export terminal at Prince Rupert.

Spectra Energy has announced an agreement with BG Group, which has been talking about the project for some time with the Port of Prince Rupert and others.

The two Texas-based companies are proposing to build [...]

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