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Month: June 2013

Port of Astoria cuts spending to save cash

The budget committee of five citizen members and five Port Commissioners, told by Finance Manager Colleen Browne they needed to cut $805,000 from the wish lists of the Port’s eight departments, axed several items, including:...

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Second East Asia maritime action week begins Monday

Seafarers, dockers and ITF inspectorswill launch the year’s second East Asia maritime action week at major ports in Japan, Korea, Russia and Taiwan from 1 to 5 July. The week is intended to ensure the welfare and safety of...

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Negative outlook for Port of Seattle’s finances

The Port of Seattle’s financial outlook is poor and likely to get worse, according to Moody’s Investors Service, which changed its outlook on the Port’s bonds from stable to negative last week. Declining shipping revenue and an...

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