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From the Journal of Commerce:
The Ninth U.S. Circuit Court of Appeals has upheld a district judge’s order that two locals of the International Longshore and Warehouse Union pay damages to the National Labor Relations Board and an employer in connection with union picketing that turned violent at the Port of Longview, Wash., Metropolitan News-Enterprise reports.
However, the panel reversed a portion of the order that would have required the union to also pay damages to a railroad whose operations were disrupted, and to four law enforcement agencies whose officers were called out to remove protesters from train tracks, cutting $50,000 from the amount requested by the NLRB.
More at the Journal of Commerce
Danish oil and shipping group A P Moller-Maersk will pay about $100 million less than predicted for 20 mega-size container vessels ordered from Korea’s Daewoo Shipbuilding & Marine Engineering.
The group said it now expects to pay about $185 million on average per vessel, against previous expectations of about $190 million.
Maersk Line, the group’s container shipping unit, ordered the ships, capable of carrying 18,000 20-foot equivalent units ( TEU), in 2011.
More at the Economic Times
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