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.

IMO may fade in importance by 2050, DNV GL forecasts

International Maritime Organization may fade in importance by 2050, DNV GL forecasts according to the materials provided to IAA PortNews. The forecast says that regional unions will play more and more significant role in shipping regulation, as it is in EU and in North America today.

If IMO is not able to play a leading […]

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China Shipping stays with DPW in Australia

With new stevedoring entrants soon to line up along Australia’s east coast, DP World Australia cemented its relationship with China Shipping Container Lines (CSCL) by entering into a three-year contract for services calling to the east coast of Australia.

Under the new contract, CSCL will continue call to DP World Australia’s Brisbane, Sydney and Melbourne […]

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Maersk’s shipping profit doubles on Europe-Asia demand

The jump in profit at Maersk Line, the world’s largest container shipping company, is an early sign the company is starting to recover from several tough years in the industry.

Maersk Line raised its 2014 profit outlook to beat last year’s $1.5 billion rather than matching it, partly driven by increasing demand in China for […]

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