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.

Korean shipping lines face cash crunch after expansion

Hanjin, South Korea’s largest shipping company, and Hyundai Merchant are expected to post losses next year as well, according to analyst estimates compiled by Bloomberg.

South Korea’s three biggest shipping companies face a cash crunch as 3 trillion won ($2.8 billion) of bonds are due for repayment in the next two years amid mounting losses […]

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STX’s New Giant arrested at anchor in Poverty Bay

Shipping agent Kevin Pitcher said they did not actually board the ship to serve the writ. ‘The original writ was attached to the hull of the vessel by tape,’ Pitcher said. ‘The crew lowered a bucket over the side, and the copy of the document was placed in it for the captain to peruse.’

The […]

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STX log boat risks arrest in New Zealand

The ship was to dock in Gisborne to load logs, and was scheduled to come in when the loading of the log boat now alongside the wharf was completed.

The bulk carrier New Giant sits out in Poverty Bay with an uncertain future after its Asian owners went into receivership last week.

Eastland Group chief […]

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STX Pan Ocean Vessel Arrested in Singapore

Ship & Bunker reported earlier this year that in 2012 there had been a 36 percent year-on-year rise in the number of ships arrested in Singapore.

South Korean shipping company STX Pan Ocean has confirmed that its 72,940 dwt bulker New Irene was arrested in Singapore last week, Fairplay reports.

A company representative told Fairplay […]

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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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U.S. Trade official to speak at EGT grand opening ceremony

EGT is holding a grand opening ceremony on July 9 for community and business leaders. The keynote speaker will be Ambassador Islam Siddiqui, the chief agricultural negotiator for the office of the U.S. Trade Representative. Siddiqui will discuss EGT’s effect on growing U.S. grain exports to Asia, according to the company.

Other speakers scheduled for […]

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Korean Car Carrier Puts ‘Garage Roof’ to Productive Use

The photovoltaic power generation modules installed on the STX Dove, each 25 m wide and 11 m long, can generate a maximum of 24 kW from a total of 240 heat collection plates. The modules provide 5% of the electric power required for the operation of the ship including that for the engine control […]

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STX mulls selling off assets to secure financial health

STX Group, Korea’s 14th-largest business group, said Thursday that it is considering selling assets to revive its worsening financial health amid the ongoing slowdown in the shipbuilding industry globally.

“As part of our financial restructuring, we are discussing plans to directly list STX Energy and STX Heavy Industries or to sell off assets through […]

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Sen. Baucus Encourages International Grain Exporter Bunge/EGT to Expand Investment in Montana Agriculture

Montana’s senior U.S. Senator Max Baucus is encouraging international grain exporter, Bunge Limited, to continue agricultural investments in the state. Following connections made at Baucus’ 2007 jobs summit, Bunge, through EGT, LLC is building three state-of-the-art grain shuttle loaders in its joint venture with ITOCHU and STX Pan Ocean. During a recent meeting with Bunge […]

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EGT signs ILWU contract ending labor dispute, but County Attorney still prosecuting workers and supporters

ILWU Local 21's 'Welcome to Longview' billboard near the exit to the Port of Longview, WA.

From this month’s Dispatcher:

ILWU International President Robert McEllrath, union members, and supporters continue to face trial for exercising their First Amendment Rights to protest during the EGT dispute

When the grain ship MV Full Sources arrived at […]

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EGT and ILWU sign collective bargaining agreement

EGT photo of the Longview facility.

Longview, Washington – Today representatives from EGT, LLC and the International Longshore and Warehouse Union (ILWU) signed a collective bargaining agreement covering landside and shipside operations at EGT’s grain terminal at the Port of Longview. The agreement, covering both production and maintenance work, establishes guidelines for a regular Longshore […]

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ILWU at EGT terminal: ‘Moving in the right direction and doing what we do best — loading and unloading ships’

Almost seven months ago, on July 11, 2011 about a hundred ILWU longshore workers were loaded into Cowlitz County law enforcement vans and arrested after taking action to protect their jobs at EGT. On February 7, 2012, ILWU Local 21 loaded EGT's first ship, signaling another positive step forward after a long and difficult […]

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ILWU Local 21 members working EGT’s first ship today

ILWU Local 21 was the workforce when EGT’s first ship docked at the Port of Longview on Feb. 7, 2012. Photo by ILWU 21 member Kyle Mackey.

In an article called “No protest as grain ship docks at EGT terminal” published today, the Daily News reports:

The EGT vessel Full Sources docked at the […]

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Grain ship due Tuesday at EGT terminal

The 738-foot MV Full Sources will arrive in Longview Tuesday morning. It is seen here in a 2007 photo leaving Santos, Brazil. Bruno Pricoli photo.

The first grain ship headed to the EGT export terminal is scheduled to arrive at the Port of Longview between 11 a.m. and noon Tuesday after dockworkers on Monday […]

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ILWU to Handle First Vessel at EGT Grain Terminal

From the Journal of Commerce:

Bunge last year broke off contract negotiations with the ILWU and hired* workers represented by another union. That triggered months of ILWU demonstrations that resulted in arrests of dozens of longshoremen on charges of property destruction and blocking a train from carrying grain to the terminal.

If Bunge had succeeded […]

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