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Source: Republic
Source: Peninsula Daily News
Source: Longshore and shipping news
U.S. Senators Patty Murray and Maria Cantwell have written to leaders of the International Longshore and Warehouse Union and the Pacific Northwest Grain Handlers’ Association to reach a collective bargaining agreement for the Northwest grain terminals.
Weeks after the ILWU and American grain exporter TEMCO reached a collective bargaining agreement to cover three terminals in Portland, Kalama and Tacoma, Washington’s two U.S. Senators urged the union and TEMCO’s foreign competitors to follow suit and that the TEMCO agreement “can be used as a framework from which the remaining Northwest Grain Handlers Association members and the ILWU can build a cooperative dialogue and continue their negotiations.”
Download the letter by clicking on the image above or at this link.
Volume gains continued on a steady pace at the Port of Los Angeles and the Port of Long Beach in February.
POLB imports, which are primarily comprised of consumer goods, came in at 233,660 TEU (Twenty-foot Equivalent Units) in February for a 12.4 percent year-over-year increase but were down compared to January’s 242,445. POLB Exports, which are primarily comprised of raw materials, were down 1 percent to 121,929 TEU, down from January’s 127,546 TEU.
This monthly tally at POLA was down compared to January’s 474,960 TEU, but it is still in line with recent levels. What’s more 2011 totals to date are solid at the port, despite the departure of California United Terminals to the Port of Los Angeles in December, which represented roughly 10 percent of all Port of Long Beach’s volume.
Read the rest at Logistics Management
APM Terminals Apapa Limited is planning to introduce a satellite-based Global Positioning System (GPS) for containers at its terminal.
Dallas Hampton, managing director, APM Terminals Apapa, said the new GPS, the first of its kind in the world, would aid multi-level container inspection facility for physical examination of containers by Customs operatives.
“These systems combined will enable the terminal to have complete pedestrian free yards and provide truck service times for receiving and delivery of cargo,” he said.
He warned that the risk to the $10 million investment in the facility was that Customs might use it as an opportunity to physically inspect an even higher percentage of containers, which would defeat the purpose of improving performance.
More at Business Day
A recent U.S. Grains Council Chart of the Week shows the U.S. Department of Agriculture’s (USDA) projections for changes in corn export patterns over the coming ten years based on the recently released USDA Agricultural Long-Term Projections to 2022. The United States, former Soviet Union, Argentina, and South Africa are expected to increase export volume. The EU, Brazil, and other current exporters are projected to experience a net decline.
The blue columns show corn exports for each major supplier for the 2011/12 marketing year. The red bars show expected growth in exports over the next decade. USDA projects that by 2022/23, total world corn exports will grow by 28 million metric tons, up 25 percent, from 111 million tons to 139 million tons.
The United States is expected to account for 24 million tons (71 percent) of the 34 million tons increase by the four leading exporters: the United States, Former Soviet Union (mainly Ukraine), Argentina and South Africa. Exports are expected to decline from the EU, Brazil and other suppliers by almost 6 million tons.
Compared to corn exports in 2011/12, U.S. exports are expected to grow 62 percent, while Ukraine and...
Israel Corporation has announced that wholly-owned subsidiary Zim Integrated Shipping Services Ltd. yesterday signed an agreement with a shipyard, with immediate effect, to cancel contracts for the purchase of five of the nine ships ordered in 2007-08. The ships were originally due to be delivered in 2012, but due to the 2008 global economic crisis, delivery was postponed until 2015.
The shipyard will refund Zim $30 million from the down payment on the ships, while the other $55 million will be a cancellation fee. Delivery of the four other ships has been postponed from 2015 to 2016.
Israel Corp. added that Zim will recognize a reduction in value of $133 million in its financial report, as a result of the agreement.
More at Globes
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