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Source: The Nation
All grain points to Asia: Mitsubishi graphic illustrating global grain plans. Mitsubishi is part owner of Kalama Export. Click on the image to see it full-sized.
Mitsubishi Corp. will take control of grain supplier Los Grobo Ceagro do Brazil S.A. as Japan’s biggest trading company seeks to boost corn and soybean supplies to meet Asian demand.
A Brazilian unit of Mitsubishi will purchase 60 percent of Goiania-based Ceagro to raise the Japanese company’s stake to 80 percent, it said today in a statement. The Japanese company will spend 50 billion yen ($497 million) to raise its stake in Ceagro, the Nikkei reported June 1, without saying where it got the information.
Mitsubishi is targeting grain producers in North and South America and Australia to help meet demand in Japan, China and southeast Asia, it said in the statement.
More at Bloomberg
Members of Prince Rupert’s labour movement were on Ridley Island yesterday, protesting the arrival of a ship to Prince Rupert Grain they say was loaded by “scab labour” in the U.S.
Three locals of the International Longshore and Warehouse Union (ILWU) joined members of the Grain Workers Union (GWU) and the Prince Rupert Labour Council in an information picket designed to raise awareness of the arrival of King Felipe. The ship was loaded at the Vancouver Washington grain terminal where United Grain has locked out the ILWU after imposing a collective agreement the union found unacceptable and brought in non-union workers to carry on operations.
That is something Rob Ashton of ILWU Canada said is simply unacceptable.
“The labour movement in Prince Rupert is not going to stand for this and the labour movement in B.C. is not going to stand for this … this is the first vessel of its kind to be loaded with scab labour in the U.S. and brought to Canada. We don’t want any more,” he said.
“We want to make B.C the one of the best port provinces in the world, but by God stop bringing scab loaded vessels into out province.”
More at The Northern View
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 that the vessel’s charterer had filed a speed claim on the vessel.
“As per our charter-party, the vessel’s speed should be around 14 knots, but our charterer complained it is only running at 12 knots,” they said.
“This case has gone a bit out of proportion, speed claims are quite normal, so I don’t understand why this has to be taken to the court, since we could have settled it amongst us.”
The representative said that, as ordered by the Singapore court, it was depositing $300,000 “to solve the matter,” and the vessel would be released as soon as the payment had gone through.
More at Ship and Bunker
Source: Hartford Courant
Source: Clarion ledger
Source: Seattle P-I
Source: Times Union
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