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.

Port of Everett takes a ‘big beating’ with cargo decline

Lower oil prices, a weaker Chinese economy and trade sanctions with Russia are contributing to less cargo passing through the Port of Everett this year.

While a decline had been expected, it was greater than what port officials had forecast because of a dramatic drop in cargo for oil projects in Alaska and Canada.

Log […]

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Striking Santos dockers accuse terminals of using foreign labor

Striking dockworkers at the Port of Santos, Brazil.

From Journal of Commerce:

Angry dockers in Santos that are disrupting operations at four Santos container terminals have stepped up their rhetoric ahead of a decision from a regional labor court by claiming foreign workers are handling cargo.

A statement from a lawyer representing Sindestiva said […]

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Ships’ crews allegedly denied food, water, wages as Australia faces test on flags of convenience

Australian Prime Minister Tony Abbott’s government is attempting to dismantle the Coastal Trading Act, which dictates that ships trading between Australian ports must be crewed by Australian workers, or pay Australian award wages. ”Abbott has to ask himself whether he is okay with this, because this is what he is recommending for the domestic […]

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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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Maersk says large volumes at sea to be returned after Russia food ban

A “significant” amount of produce out at sea needs to be returned to its original senders after Russia imposed a ban on food imports from Western countries, a unit of A.P. Moller-Maersk said in a regular newsletter to shippers.

Russia imposed the ban earlier this month in retaliation against Western sanctions for its actions in […]

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Russia bans Western food imports in Ukraine sanctions retaliation

Moscow banned imports of most food from the West on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.

Russian share prices fell after the announcement of Moscow’s one year ban on all meat, fish, dairy, fruit and […]

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U.S.-Russia tensions create worries for Arctic scientists

For a week in June, about 20 Russian emergency-management experts and scientists and their U.S. counterparts were planning to tour Alaska natural disaster landmarks, sharing information about lessons learned and risks avoided.

Now the summit is off. The U.S. State Department pulled the funding, making the Alaska hazards-reduction workshop a casualty of the conflict over […]

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Russia plans to join Nicaragua Canal project

Russia will take part in building the Nicaragua Canal and is discussing possible modes of cooperation, Deputy Foreign Minister Sergei Ryabkov said Tuesday.

“We have discussed this multiple times with our Nicaraguan colleagues,” Ryabkov said in an interview with RIA Novosti. “We are looking for appropriate ways in which Russia can get involved in this […]

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USAID: will Ukraine become the new Syria?

The US authorities have made a decision to send to Ukraine additional “non-lethal” military assistance, says Chuck Hagel, the head of the Pentagon. According to the American “hawks”, Ukraine needs such assistance in order to protect itself from a potential attack from Russia.

The so-called “non-lethal” assistance that the Pentagon insists on providing to Ukraine […]

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Louis Dreyfus’ profits slide on fallout from US drought

Global trading group Louis Dreyfus Commodities B.V. posted a sharp drop in net profit for 2013 after a U.S. drought disrupted grain markets and as sugar and other soft commodities were hit by oversupply.

Net income for the full year fell to $640 million from a record $970 million in 2012, the group said in […]

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ADM, Bunge say Ukraine operations normal; monitoring situation

Bunge Ltd and Archer Daniels Midland Co, two of the world’s top agricultural trading houses, said recently that political tensions in Ukraine, a major grain exporter, were not affecting operations but that they were monitoring the unrest.

“We have not seen any significant impact to business and continue to monitor the situation,” ADM said in […]

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Dennis Kucinich blames US meddling for Russian invasion

Russia’s invasion of Ukraine was spurred by U.S. behind-the-scenes actions, says former Ohio congressman and Democratic presidential candidate Dennis Kucinich.

Kucinich said the United States has been involved covertly and behind the scenes with the CIA and two government foreign aid groups, the National Endowment for Democracy and the United States Agency for International Development, […]

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Nicaragua Canal champion turns eye to Ukraine

China remained publicly noncommittal about extending new financial support to Ukraine’s embattled President Viktor Yanukovych during his visit this week to Beijing. Still, the former Soviet country won a commitment from a more unusual source: a Chinese businessman most famous for wanting to build a rival to the Panama Canal.

Wang Jing, who this year […]

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Commodity trader Louis Dreyfus ties up 500 mln euro bond issue

Louis Dreyfus announced in October a joint venture with Brooklyn Kiev LLC to develop and manage a multi-commodity terminal at the Ukrainian Black Sea port of Odessa.

As competition has intensified to secure farm-sector assets in response to rising global food demand, privately-held Louis Dreyfus has turned to bonds to support higher investments.

The Netherlands-based […]

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Louis Dreyfus agrees JV to develop Ukraine commods terminal

Trading giant Louis Dreyfus Commodities said on Thursday it has entered a joint venture agreement with Brooklyn Kiev LLC to develop and manage a multi-commodity terminal in Odessa, Ukraine, as it expands in one of the world’s top grain exporters.

While Louis Dreyfus is already active in shipping grains from the Black Sea – a […]

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