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.

Why the Trans-Pacific Partnership is a pending disaster

TPP sign

Republicans, who now run Congress, say they want to cooperate with President Barack Obama and point to the administration’s Trans-Pacific Partnership, or TPP, as the model. The only problem is that the TPP would be a disaster.

The TPP is a Trojan horse in a global race to the bottom, giving big […]

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China Cosco disposes of 17 boxships and bulkers

State-owned China Cosco Holdings has announced the disposal of 17 vessels with a combined tonnage of 919,853 dwt.

The Chinese shipowner has sold four containerships and 13 dry bulk carriers to the scrapyards between September to December last year, fetching in RMB318.2m ($51.2m) but realising a loss of RMB123.86m.

The loss, however, would be offset […]

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