The renovation will add new docks, a new shipping system, new rail and barge unloading machinery and new systems for cleaning wheat and other grains, Butters said. Butters said the improved terminal could handle up to 200 million bushels of grain per year, as much as Temco’s Tacoma terminal. Bill Wagner Photo / The [...]
Manitoba is hoping to capitalize on the potash boom the way Saskatchewan has.
The Selinger government is about to invite the world’s potash producers to sink their machines into a western Manitoba mine that could generate $2 billion worth of royalties for the province over the course of 40 years.
The Potash Corporation of Manitoba [...]
From yesterday’s Journal of Commerce:
The International Longshore and Warehouse Union today completed its two-day caucus in San Francisco, and the union will resume contract negotiations with the Pacific Maritime Association on Wednesday. … Contract negotiations will resume Wednesday and will continue for the rest of this week, but the talks will recess again on [...]
ITF president Paddy Crumlin stated: ”The situation in Gaza is desperate. There is a need for an immediate ceasefire before even more civilians are killed. We strongly echo and support the continuing calls by the ITUC (International Trade Union Confederation) for action in line with the UN Security Council resolution that called for ‘de-escalation [...]
Table 2 shows the position between Asia and North America at the beginning of June, from which it can be seen that the G6’s market share of 35% well exceeds the EU’s 30% guideline, and member lines are also allowed to belong to a discussion agreement, so can recommend common surcharges and rate increases. [...]
From The Columbian:
The International Longshore and Warehouse Union and the Pacific Maritime Association said in a joint statement Friday that they would engage in negotiations on a long-standing labor dispute with grain terminal operators in the Pacific Northwest.
The statement was included in a news release stating that the two parties are taking [...]
At the Port of San Diego, Navy ship repairer BAE Systems was told it would cost $30,000 in port approval fees for a project that was only going to cost $50,000.
Amid budget problems last June, the Port of San Diego decided to impose fees to cover staff time spent processing paperwork and issuing approvals [...]
From the Journal of Commerce:
According to PIERS, the data division of JOC Group Inc., Matson transported nearly 103,000 TEUs from China to the U.S. in 2013, just over a 1 percent share of the eastbound trans-Pacific market. Though operating with U.S. crews on relatively small U.S.-built ships means its costs are higher than foreign-flag [...]
In May, Longshore and Shipping News posted a Reuters article that said, ”Researchers say they have discovered significant holes in the three key technologies sailors use to navigate: GPS, marine Automatic Identification System (AIS), and a system for viewing digital nautical charts called Electronic Chart Display and Information System (ECDIS).”
From the Journal of [...]
Increases were led by U.S. and Canadian grain. Excerpts from Progressive Railroading:
Canadian Pacific this week announced its second-quarter financial results were the strongest-ever quarterly results in the railroad’s history.
Total revenue climbed 12 percent to $1.7 billion, operating income jumped 40 percent to $587 million and reported net income soared 48 percent to $371 [...]
AP Moller Maersk, Mediterranean Shipping Company and CMA CGM Group have emerged as leaders in the global shipping business on the global ranking for shipping liners based on their market share as well as the twenty-foot equivalent units (TEUs) capacity of containers they handle.
According to alphaliner.com, APM-Maersk, which took the first position, handles about [...]
Click to download news release; text below
SAN FRANCISCO (July 18, 2014) – The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) today issued the following statement:
After several days of ongoing talks, both parties will break from negotiations next Monday and Tuesday in order for the ILWU to convene [...]
Contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association will recess beginning Monday for a previously scheduled union caucus.
It is not unusual for the ILWU to call caucuses from time to time, although next week’s meetings “will certainly cover the contract negotiations,” ILWU spokesman Craig Merrilees said.
Caucus members [...]