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The president of China, Xi Jinping, bore witness to the signing of a memorandum of understanding (MOU) on container terminals between AP Moller-Maersk and China Shipping (Group) in Brussels.
The MOU relates to the container terminal arms of both groups, APM Terminals and China Shipping Terminals, and enables collaboration on projects as joint venture partners. The two groups are already in cooperation as last March China Shipping Terminal bought a 24% stake in APM’s ZeeBrugge.
More at Seatrade Global
ILWU Longshore Caucus Delegates, March 2014
The 90 delegates and dozens of pensioners who gathered in San Francisco for the Coast Longshore Division Caucus concluded their two week meeting on March 7 after adopting an approach to negotiations for a new Longshore & Clerks Contract that expires on June 30.
Resolutions set the agenda
With delegates elected from each West Coast port, there were plenty of resolutions, containing ideas, suggestions and priorities for the new contract. One by one, each resolution was passed, defeated, tabled, amended combined or withdrawn. An active “pro” and “con” debate insured that the ideas in each resolution were carefully examined before a vote.
Safety, wages, benefits, jurisdiction & technology
In the end, the resolutions for the upcoming contract generally revolved around these issues: safety, wages, benefits, jurisdiction and technology. Reports from Committees covering benefits, technology, education, safety and jurisdiction provided delegates with further details and analysis.
Rank & file delegates call shots
The Caucus process remains exceptionally democratic, led by rank-and-file...
Plans for three of the world’s largest container shipping firms to form an alliance to share vessels on routes between Europe, Asia and America have lead to concerns that shipping costs for recyclable waste could increase.
The P3 Alliance has been criticized by the Global Shippers Forum – the trade body for the international shipping industry – which has claimed that the arrangement could drive up container prices and see some smaller operators driven out of business.
The GSF has applied to the European Commission’s Competition Directorate to further scrutinize the agreement. Meanwhile, the FMC has stated that it will monitor the Alliance closely to ensure that it does not break any competition laws.
Read the rest at Let’s Recycle
”And then there’s the frightening prospect of oil spills. ‘I can tell you — one oil spill or accident in the Arctic is one visual you do not want to have in this world at all,’ Raitt said.”
The centuries-old dream of shipping through the Northwest Passage will remain mostly illusory for the foreseeable future, Canada’s transport minister indicated recently in a blunt assessment of the challenges ahead.
During an appearance in Washington, Lisa Raitt played down expectations that the Arctic is on the cusp of becoming an international shipping hub because of climate change.
She offered a list of concerns she’s heard from the shipping industry, including from insurance companies — the ones Raitt said are really calling the shots when it comes to what’s allowed to pass through the area.
The obstacles include shallow passes and a lack of navigational markers, she said. The prospect of having a shipment stuck up there would wipe out any potential time-savings offered by the shorter intercontinental route.
More at the Global Post
Maersk-Rickmers U.S. Flag Project Carrier, the joint venture between Maersk Line, (MLL) Limited and Rickmers-Linie (Americas), has been terminated.
The companies have revealed this information on the Maersk-Rickmer’s website with no further details about the reason of breaking-up, except that it was a mutual decision.
The joint venture was established in September 2011 in order to offer heavy-break bulk and cargo shipping services with two new 19,000 DWT vessels, Maersk Illinois and Maersk Texas.
More at World Maritime News
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