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.

N. Korea’s missile launch hits S. Korean shipbuilding industry

From Business Korea:

MSC expressed concerns over the contracts with Samsung Heavy and DSME after North Korea carried out its sixth nuclear test on September 3.

North Korea’s sixth nuclear test hit the domestic shipbuilding industry which has been struggling with the sluggish market. Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) was […]

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HMM, Korea Line bid for Hanjin’s assets

Hyundai Merchant Marine (HMM) and Korea Line have submitted bids for Hanjin Shipping’s Asia-U.S. route, according to Korea’s Yonhap News Agency and other media outlets.

Yonhap cited sources that said “in addition to the U.S.-Asia route, Hyundai Merchant and Korea Line might have submitted bids for Hanjin’s seven overseas operations, workforce and its (54 percent) […]

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Hanjin lost in ‘game of chicken’, chairman says

Excerpts from Reuters:

The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their governments, the chairman of its parent firm told a South Korean parliamentary hearing on Tuesday.

“Hanjin Shipping lost the game of chicken played among large shippers,” Hanjin Group chairman Cho Yang-ho told the hearing.

“As […]

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Global union leaders personally investigate victimisation of South Korean trade unionists

Cho Sung-deok, above, is the latest person to be sentenced in relation to involvement in the mass people’s mobilization on 14 November 2015 – the suppression of which by police who used 20,000 officers, 19 water cannons, 679 buses, and 580 pepper spray devices against peaceful marchers – has escaped censure in the courts […]

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Arctic shipping prospects get boost from Chinese shipper, Korea-Iceland partnership

The extent of Arctic sea ice this October was the sixth-lowest on record, according to a National Snow and Ice Data Center release last week — in a year in which the overall seasonal low reached its fourth-lowest extent on record in September.

Figures such as those have fueled renewed interest in Arctic shipping, which […]

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Thinking inside the box on Workers’ Memorial Day

By Paddy Crumlin, National Secretary of the Maritime Union of Australia (MUA) and the President of the International Transport Workers’ Federation (ITF)

Unsafe containers affect workers in every section of the transport chain – that makes it a trade union issue.

Today, on International Workers’ Memorial Day we remember the dockers, seafarers, truck drivers, railway […]

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Zim Upgrades Cooperation With G6 Alliance on Asia-PNW Route

Zim has announced the imminent launch of an enhanced service structure between Asia and the West Coast of North America after it agreed to expand its cooperation with the G6 Alliance.

The Israeli ocean carrier said the new service, comprising three weekly loops offering improved transit times, increased frequencies and extended port coverage, will launch […]

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Hanjin Group head vows to transform ailing shipping line into global top player

The Global Post reports that ‘Hanjin Shipping is South Korea’s No. 1 shipping company, but like others in the industry, it has been weighed down by a drop in global trade triggered by the 2007-2008 global financial crisis, as well as being hurt by inefficient ships and stiff overseas competition.’

Cho Yang-ho, the new […]

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FESCO, Marubeni and UGC sign memorandum of cooperation

On March 19, 2014 in Tokyo, the representatives of FESCO, Marubeni Corporation and United Grain Company signed a memorandum on cooperation within the framework of increasing the volume of grain exports from the ports of the Far Eastern Region of the Russian Federation as part of the Russian-Japanese investment forum.

Volumes of grain exports may […]

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ITF slams 'joke justice' as Korea union leaders make dignified surrender to police

Police move in against rally held directly before KRWU officers’ planned surrender. ITF photo.

As 13 Korean Railway Workers Union (KRWU) trade union leaders charged with having led what was a legitimate and lawful industrial action made a dignified surrender to police today, the ITF (International Transport Workers’ Federation) blasted the political vendetta behind […]

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Joining the New Trade Club

Japan, Taiwan and South Korea want to ease rigid labor practices, which could introduce income inequalities in what are now solidly middle-class societies.

There is a last-minute rush by three advanced economies in East Asia to join the Trans-Pacific Partnership, a trade agreement that could be concluded this spring. Japan barely made the deadline to […]

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Port of Long Beach, South Korea sign sister port pact

Port of Long Beach officials have signed a sister port agreement with the world’s fifth-busiest seaport, South Korea’s Busan Port Authority, the Long Beach port announced Tuesday.

While the pact is not legally binding, there is the potential for more trade opportunities with South Korea, Long Beach’s third-biggest trading partner overall, said spokesman Art Wong.

[…]

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South Korea to launch shipping service on North Pole sea route

A South Korean shipping company is set to launch a shipping service via a new North Pole shipping route emerged as a result of the melting Arctic sea ice, Yonhap news agency quoted the Ministry of Oceans and Fisheries as saying Thursday.

The Arctic passage will cut the trip from the South Korea to northern […]

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Panama Canal, Vehicle Carriers Discuss Expansion Program

As part of the permanent dialogue with the shipping industry, a Panama Canal Authority (ACP) delegation headed by Administrator Jorge L. Quijano visited South Korea to hold discussions with the vehicle carrier market segment and obtain feedback on the future toll structure being developed by the ACP that will go in effect upon completion of […]

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Protesters Seek Openness at Pacific-Region Trade Pact Talks

Transparency has become an issue of the Pacific-region talks, with consumer, labor and environmental groups siding with some U.S. lawmakers who want participants to make their positions public.

Dozens of groups including the U.S. Chamber of Commerce and International Brotherhood of Teamsters met with negotiators during Pacific-region trade talks in Leesburg, Virginia, as protesters called […]

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