The United States Maritime Alliance, the employer group that negotiates the master contract with the International Longshoremen's Association, called the ILA’s planned work stoppage threat “disturbing.”
The terminal operator increased spending from $70 million to $200 million in preparation for ultra large containerships.
Matson President and CEO Matt Cox said the Honolulu-based shipping company had “exceptional” results for the full year of 2015, while fourth quarter 2016 results were hindered by the increase in bunker fuel prices from mid-November through December.
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BlueWater Reporting has illustrated how ocean carrier alliances have taken over the Asia-Europe and transpacific trades over the years, as independent carriers have all but disappeared from these trades.
The Spanish government will face strikes at all ports across the country later this month, according to International Transport Workers’ Federation (ITF) Maritime Operations Coordinator Jacqueline Smith.
Taneli Ruda, head of ONESOURCE Global Trade, has examined the economies of China and India, and analyzed the economic outlook for both countries.