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.

Port of Stockton registers record year for ship arrivals

The Port of Stockton specializes in bulk shipping. The Central Valley Business Journal reports that there were 245 ship arrivals at the port last year, compared with just 100 during the recession in 2009.

For the second year in a row, the Port of Stockton set a record for ship arrivals in 2015. Overall, [...]

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Signing of Trans-Pacific Partnership trade deal opens up tough battle in U.S.

From the Los Angeles Times:

Representatives of the United States and 11 other Pacific Rim nations on Thursday formally signed a sweeping free-trade agreement reached last fall, setting in motion what is expected to be a hard battle for approval in national legislatures, none more contentious than in the U.S.

Michael Froman, President Obama’s chief [...]

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ITF comment on today’s TPPA signing in New Zealand

Commenting on today’s TPPA trade agreement signing in New Zealand, ITF (International Transport Workers’ Federation) president Paddy Crumlin said: “We, like our fellow global unions and everyone who protested in Auckland today, are clear about one thing: the TPPA – Trans-Pacific Partnership Agreement – offers nothing to workers in the Asia-Pacific region except job insecurity [...]

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UN expert: Trans-Pacific Partnership lacks human rights protections

Alfred de Zayas said the TPP ”is fundamentally flawed and should not be signed or ratified unless provision is made to guarantee the regulatory space of States.”

The top United Nations expert on human rights has called on the 12 nations considering the Trans-Pacific Partnership to reject the massive trade agreement since in its current [...]

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How the presidential election could endanger TPP trade deal

From The Huffington Post:

Leading presidential candidates’ opposition to President Barack Obama’s signature trade agreement is jeopardizing the landmark deal, according to a senior White House official.

The official, who requested anonymity, indicated that they’re paying special attention to Republican front-runner Donald Trump — who called the TPP a “terrible deal” and has expressed his [...]

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Top Japanese official in charge of TPP accused of graft

Akira Amari, in an April 2015 photo.

Expensive sweet bean confections and more than $148,000 in cash could have lured the current Japanese economic minister to take a bribe – while negotiating terms for the Trans-Pacific Partnership.

Tokyo’s top fiscal policy chief Akira Amari has been at the center of a possible graft scandal, [...]

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Long Beach Port officials: Cargo volumes have returned to pre-recession levels

From the Press-Telegram:

Cargo volumes recorded at the Port of Long Beach in 2015 exceeded 7 million container units for the first time since the start of the Great Recession, statistics released Thursday show.

The Long Beach port’s cargo volumes last topped the 7 million level in 2007. In 2015, the Port of Long Beach [...]

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No recovery in shipping this year, ‘K’ Line head says

From the Journal of Commerce:

There will be no sustained recovery in the dry bulk or container shipping sectors this year amid overcapacity in the industry and slowing demand for raw materials from China, said “K” Line President and CEO Eizo Murakami.

In his New Year’s address, Murakami said that while falling bunker prices and [...]

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Maersk joins WTO trade alliance

Maersk has joined the Global Alliance for Trade Facilitation, which was launched by the World Trade Organisation earlier this year as a public-private partnership to support the implementation of the Trade Facilitation Agreement.

The alliance also includes the International Chamber of Commerce, the World Economic Forum as well as companies such as DHL and Wal-Mart.

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POLA and POLB volumes are strong in November

Excerpts from Logistics Management:

Strong November volumes were apparent at both the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

“We’ve seen container volumes at and above 700,000 TEUs for the past six months, which demonstrates consistency and the strength of our supply chain partners,” said Port of Los Angeles Executive [...]

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Congress to delay ACA’s ‘Cadillac’ tax on pricey health plans until 2020

Excerpts from the Washington Post:

Congress’ two-year postponement in what has been dubbed the “Cadillac tax,” because it applies to high-priced insurance, is the most significant of three changes to ACA taxes that are woven into a sprawling budget package on which the House and Senate are preparing to vote within the next few days.

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8 Terrible Things About the Trans-Pacific Partnership

Excerpts from In These Times:

Like the WTO agreements or NAFTA, the TPP is an attempt to set the rules of the global economy to favor multinational corporations over everything else, trampling on democracy, national sovereignty and the public good. The more than 600 corporate lobbyists who had access to the draft texts used their [...]

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Santa’s sleighs lie idle: Alphaliner warns of Xmas record for unemployed boxships

The number of 500+ teu containerships idled will hit a record high by the end of the year, according to French analysts Alphaliner.

A total of 329 ships equivalent to 1.4m teu – equivalent to 7% of the global fleet – were laid up by the end of November, up by 23 ships from a [...]

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Analysis: Is shipping in double dip danger?

Drewry Maritime Research asks: will carriers repeat the same tactics that saved them in 2009, or will they wait until things reach boiling point, as the risk of a double dip recession rears its head?

Today’s market does share some similarities to the 2009 crisis: carrier staff redundancies, ultra-low freight rates and the rapid increase [...]

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