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Marine Ports and Services

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  • Representative Dave Reichert said he planned to introduce a resolution in Congress on Thursday to urge a swift end to the labor dispute that has throttled port activity on the West Coast. Eighty-four members of Congress signed a Jan. 30 letter urging the parties in a labor dispute between dockworkers and shipping lines and terminal operators to resolve...

  • LOS ANGELES, Feb 11- Shipping lines plan a partial four-day shutdown of U.S. West Coast ports, starting on Thursday, amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the companies said on Wednesday. Loading and unloading of cargo vessels at the 29 ports will be suspended anew, as they were last weekend, on Thursday and...

  • LOS ANGELES, Feb 11- Shipping lines plan a partial four-day shutdown of U.S. West Coast ports, starting on Thursday, amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the companies said on Wednesday. Loading and unloading of cargo vessels at the 29 ports will be suspended anew, as they were last weekend, on Thursday and...

  • Feb 11- Shipping lines are expected to curtail cargo operations at U.S. West Coast ports again this weekend amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the chief executive of the port of Long Beach said on Wednesday. "This weekend is going to be yet another limited operating weekend, just like last weekend was,"...

  • CHIEF EXECUTIVE FOR PORT OF LONG BEACH, CALIFORNIA, SAYS EXPECTS SHIPPERS TO CURTAIL WEST COAST PORT OPERATIONS AGAIN THIS COMING WEEKEND.

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies halted loading and unloading of freighters for the weekend, citing chronic cargo backups that shippers and dockworkers have blamed on each other during months of labor tensions. But a planned resumption of federally mediated contract talks was pushed back...

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions. The companies, represented by the Pacific Maritime Association, have accused...

  • LOS ANGELES, Feb 9- U.S. West Coast port operations resumed in full on Monday after shipping companies suspended loading and unloading of freighters for the weekend, citing chronic cargo backups the shippers and dockworkers have blamed on each other during months of labor tensions. The companies, represented by the Pacific Maritime Association, have accused...

  • BENGHAZI/ TRIPOLI, Libya, Feb 9- Libya was trying to end a strike at the port of Hariga so that it can reopen the country's last working onshore export terminal there and prevent the closure of its largest still functioning oilfield, officials said on Monday. On Saturday, Libya shut most operations at the eastern port, located near the border with Egypt, after...

  • Contract negotiators for U.S. West Coast ports hit snag Wednesday, 4 Feb 2015 | 3:42 PM ET

    LOS ANGELES, Feb 4- Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the dockworkers' union, calling a news conference to publicly address the status of the talks. The companies have accused the International Longshore and Warehouse Union, representing 20,000...

  • California ports congestion 'worst-ever on record' Friday, 30 Jan 2015 | 2:45 PM ET
    A Maersk Line container ship is unloaded and refueled at the Port of Los Angeles in San Pedro, Calif.

    Everyone agrees that the Los Angeles and Long Beach ports slowdown is bad, but it's hard to tell who's to blame.

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. "A tentative agreement was reached on the chassis topic, and we are hopeful that this will allow us to move...

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. Settlement of the chassis issue, and the labor talks in general, has been seen as crucial to resolving...

  • Jan 13- Negotiators for shipping lines and terminal operators at 29 ports on the U.S. West Coast on Tuesday said they would no longer assign crews to load and unload cargo ships overnight at the massive Los Angeles and Long Beach docks. The move comes a day after the Pacific Maritime Association said the region's five largest ports, including Los Angeles and Long...

  • Jan 13- Negotiators for shipping lines and terminal operators at 29 ports on the U.S. West Coast on Tuesday said they would no longer assign crews to load and unload cargo ships overnight at the massive Los Angeles and Long Beach docks. The move comes a day after the Pacific Maritime Association said the region's five largest ports, including Los Angeles and Long...

  • SAN FRANCISCO, Jan 12- Cargo traffic at several of the biggest U.S. West Coast ports has slowed to near gridlock, negotiators for shipping lines and terminal operators for 29 ports said on Monday as contract talks with the dockworkers' union remain strained. The Pacific Maritime Association said that five of the region's largest ports, including the massive Los...

  • COPENHAGEN, Jan 6- Maersk Line, part of Denmark's A. P. Moller-Maersk, plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by $800 per 20- foot container from Jan. 15, it said on Tuesday.

  • LOS ANGELES, Dec 29- Brushing aside calls for federal mediation in prolonged contact talks with employers at 29 U.S. West Coast ports, the union for 20,000 dockworkers urged shipping executives on management's board of directors to take a more active part in negotiations. The Pacific Maritime Association, representing shipping lines and terminal operators...

  • Nicaragua canal developer HKND plans IPO -CEO Tuesday, 23 Dec 2014 | 12:11 PM ET

    MANAGUA, Dec 23- The Hong Kong- based company with a concession to build a $50 billion shipping canal in Nicaragua said on Tuesday it is preparing to launch an initial public offering. Wang Jing, Chairman and Chief Executive of the HK Nicaragua Canal Development Investment Co Ltd, told reporters in Managua that he hoped the listing would take place in the stock...

  • US port employers seek mediation in dockworker talks Monday, 22 Dec 2014 | 9:20 PM ET
    A longshoreman walks on bags of rice in a cargo ship at the Port of West Sacramento in California

    Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.