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.

Maintenance dredging begins at Port of Kalama TEMCO site this fall

Port of Kalama News Release:

The Port of Kalama commission voted to award a maintenance dredging contract to the apparent low bidder, HME Construction, for $893,910.00. As part of a routine project to maintain the draft needed for large cargo ships the firm will remove dredged materials in front of the TEMCO Grain Terminal located [...]

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Crow Tribe signs partnership in Washington coal port development

The Crow Tribe has struck a partnership with SSA Marine to develop a Puget Sound coal terminal in Washington state considered crucial to exporting Indian coal.

Cloud Peak Energy, which owns the Spring Creek Mine a few miles from Crow Reservation, is a 49 percent shareholder in the Gateway Pacific Terminal. The mining company is [...]

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In a setback for Obama, negotiators fail to wrap up Pacific trade pact

High-level talks to forge a ­12-nation trade deal spanning the Pacific broke up Friday without resolving contentious disputes over Canadian dairy tariffs, the protection of cutting-edge drugs known as “biologics” and Japanese access to the North American automobile market.

Negotiators said they would continue to seek agreement over the coming months, but the failure to [...]

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Marubeni to sow further investment in grain trader Gavilon

From The Wall Street Journal:

Japanese trading house Marubeni Corp. MARUY 0.91 % is set to increase its investment in Gavilon, the U.S.-based grain trader it bought two years ago, in an attempt to turn around the division’s disappointing performance, a senior company executive said.

Poor harvests in the past couple of years in the [...]

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Louis Dreyfus expands in Russia with Azov grain terminal deal

Louis Dreyfus Commodities BV acquired a grain terminal in Russia’s Rostov region as the agricultural commodity trader seeks to increase market share in the country hit by western sanctions over the conflict in Ukraine.

The Don river terminal, with two berths and six silos, will be used for shipping grains on sea-river vessels, Louis Dreyfus [...]

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Columbia River deepening sparks $1 billion in investments

Despite criticism from environmentalists, the $200 million Columbia River channel deepening project generated over $1 billion in capital investments since its completion five years ago, port officials and terminal operators say.

In a new report released by Port of Portland and Pacific Northwest Waterways Association, consultants studied the economic impact of the project that deepened [...]

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Brookings Institution: US needs to address congestion, Harbor Maintenance Tax improvements

The Brookings Institution said U.S. government needs to adopt a national policy to address congestion at major ports:

As it stands, policymakers see ports more as local infrastructure and not national assets, the Brookings report said. That means spending is allocated based on local needs, even though congestion near the ports of Houston or Portland [...]

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Bunge-Saudi partnership considering western Canada export grain terminal

G3 Global Holdings, a limited partnership between Bunge Canada and Saudi Agricultural and Livestock Investment Company (SALIC) Canada, announced on June 2 that it has formed a joint venture with Western Stevedoring Company Limited to examine the feasibility of building an export grain terminal at Lynnterm West Gate at Port Metro Vancouver, Canada.

Western Stevedoring [...]

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Want to know where your meat was raised? WTO case pressures Congress to stop labeling

An article titled ‘U.S. loses meat labeling case; trade war looms’ shows one of the many ways free trade agreements hurt consumers and farmers:

Consumer group Public Citizen pointed to a 2014 survey showing nine in 10 Americans supported the labeling rules.

Canada and Mexico are readying trade sanctions against the United States after [...]

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Executives at Japanese trading firm take big pay cuts, criticize Gavilon

Executives at a large Japanese trading company plan to take major pay cuts this year that are attributable in part to what has happened 6,000 miles away in Omaha.

Marubeni Corp., based in Tokyo, last week reported 2014 annual profit that fell by 50 percent, on worse results from oil and grain trading. Part of [...]

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Low freight rates and other factors lead to grain vessel backups

Excerpts from an article in the Western Producer titled ‘Ocean vessels again backed up at Pacific port’:

According to figures published by Canada’s Grain Monitoring Program (GMP), the number of ocean vessels waiting to be loaded with grain at the Port of Vancouver in late April stood at 24.

That’s at least double the historical [...]

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Brazil govt takes aim at US farm subsidies

After finally turning the page on a dispute over spying that hampered attempts to deepen trade ties, Brazil and the US may be headed for another clash, this time over US farm subsidies.

Brasilia is gathering evidence to show that the US is increasing subsidies for soy and corn farmers, which threatens to further push [...]

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Bunge logs $373 million profit with help from U.S. soybeans

With a boost from soybean trading and exports, Bunge Ltd. reported a first-quarter profit of $373 million, up nearly $300 million from the same period last year.

Bunge CEO Soren Schroder said the company’s North American agribusiness operations, along with those of Brazil and Europe, performed well, which he expects to continue.

“Farmers in the [...]

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Bunge logs $373 million profit with help from U.S. soybeans

With a boost from soybean trading and exports, Bunge Ltd. reported a first-quarter profit of $373 million, up nearly $300 million from the same period last year.

That came even as the food and agribusiness company, which has its North American headquarters in St. Louis, made net sales that, at $10.8 billion, dropped by about [...]

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Strike paralyzes Argentine grains port for 2nd day

Port of Rosario, Argentina

Excerpts from Marine Link:

Argentina’s grains hub of Rosario was paralyzed on Thursday by the second day of pay strikes by unions representing stevedores and other workers needed to dock and load recently-harvested soy and corn, union and management spokesmen said.

Flash work stoppages are common in Argentina, where workers [...]

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