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.

Foreign competitors increasing spending on ag exports

https://www.hoosieragtoday.com/foreign-competitors-increasing-spending-ag-exports/”>More at Hoosier Ag Today“>From NAFB News Service:

Foreign countries that compete with the U.S. for world market share are increasing their spending on promoting ag exports. Several countries, as well as the European Union, spent close to $1 billion in public funds on ag export promotion in 2016. Studies are showing those countries […]

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CNN: Putin, far-right parties pleased as Trump win shocks world

Excerpts from CNN:

Republican candidate Donald Trump’s ascension to the White House has sent shock waves around the world. But it appears to have pleased one leader in particular — Russian President Vladimir Putin.

Within hours of Trump’s victory speech early Wednesday, Putin congratulated the US president-elect and flagged Moscow’s willingness to restore ties […]

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Panama Canal Authority to appeal US$233m award to contractors

The Panama Canal Authority said on Tuesday it had asked for an international arbitration panel to review a decision to award US$233 million to the consortium expanding the canal in a dispute over cement quality.

The consortium, led by Spain’s Sacyr and Italy’s Salini Impregilo, and including Belgium’s Jan de Nul and Panama’s CUSA, said […]

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Arbitration on Panama Canal dispute to begin in Miami

GUPC — which includes Sacyr Vallehermoso (Spain), Salini Impregilo (Italy), Jan del Nul Group (Belgium) and Constructora Urbana (Panama) — walked off the job for two weeks in February after several weeks of negotiations failed.

Arbitration of the first claim in a $1.6 billion dispute over cost overruns in the expansion of the Panama Canal […]

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Canal consortium bid ‘not enough to pay for the concrete’

According to a confidential cable sent by then-U.S. Ambassador to Panama Barbara Stephenson, Vice President Juan Carlos Varela classified the Panama Canal expansion project as a disaster when lunching with a visiting U.S. Congressional delegation on December 29, 2009. Varela called the consortium in charge of the project – led by Spanish and Italian […]

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First Chinese ship crosses Arctic Ocean amid record melt

The icebreaker Xuelong, or Snow Dragon, arrived in Iceland this week after sailing the Northern Route along the coast of Russia. The thaw is slowly opening up the Arctic as a short-cut route – the German-based Beluga Group, for instance, sent a cargo vessel north from Korea to Rotterdam in 2009.

An icebreaker has […]

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February Imports Fell for First Time in Four Months

Steep declines in imports of furniture, toys and footwear in February helped pushed U.S. containerized imports down 5.8 percent year-over-year, the first decline in four months.

An early Lunar New Year shutdown of factories in China exacerbated the year-over-year import loss, but the 18.6 percent month-to-month decrease still suggests weakening volume. Overall U.S. containerized imports […]

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