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Transportation Infrastructure Marine Ports and Services

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  • West Coast ports, union reach tentative labor deal Saturday, 21 Feb 2015 | 1:56 AM ET
    Container ships sit docked in a berth at the Port of Oakland on February 17, 2015 in Oakland, California.

    Shipping companies and terminal operators clinched a tentative deal with the dockworkers union, settling a labor dispute causing months of backups at 29 U.S. ports.

  • Cyclone slams into northeast Australia Thursday, 19 Feb 2015 | 10:31 PM ET
    Surfers head out Snapper Rocks as Cyclone Marcia approaches the coast of Queensland on February 19, 2015 in Gold Coast, Australia.

    A powerful cyclone hits northeast Australia, causing massive damage and causing flash flooding, while a second storm made landfall to the west.

  • Here's what US port dispute could cost the economy Wednesday, 18 Feb 2015 | 9:32 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    A total shutdown of West Coast ports could cost the U.S. economy about $2 billion a day, Jay Timmons tells CNBC.

  • Import of port dispute Tuesday, 17 Feb 2015 | 3:17 PM ET
    Ships gather off the ports of Los Angeles and Long Beach, California in this aerial photo taken February 6, 2015.

    Discussing the impact the port delay on the West Coast is having on the industry, with Jon Slangerup, Long Beach Port CEO.

  • Why this CEO isn't sweating the port fight Tuesday, 17 Feb 2015 | 9:56 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    West Coast port shutdowns have pinched automakers, but the dispute has only minimally impacted vehicle tool maker Snap-On, the CEO told CNBC.

  • US labor secretary to meet over ports dispute Monday, 16 Feb 2015 | 4:12 PM ET
    Secretary of Labor Thomas Perez

    Labor Secretary Tom Perez will travel to San Francisco on Tuesday to meet with both sides in a dispute between shipping companies and dock workers.

  • US labor secretary jumps into West Coast port fray Saturday, 14 Feb 2015 | 4:48 PM ET
    Ships gather off the ports of Los Angeles and Long Beach, California in this aerial photo taken February 6, 2015.

    Labor Secretary Tom Perez will travel to California to help broker a deal between shipping companies and dockworkers in the West Coast port fight.

  • 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.

  • 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.

  • Employers decry 'break' in West Coast port talks Friday, 21 Nov 2014 | 8:23 AM ET
    A Crowley Maritime Corp. tugboat prepares to guide the MOL Endurance Container ship out of its berth at the Port of Los Angeles in San Pedro, California.

    Negotiations over a new contract for dockworkers at 29 West Coast ports took an unexpected turn, as employers decried the "extended break" in talks.

  • Keppel: Beijing is aware of property sector woes Thursday, 24 Jul 2014 | 9:43 PM ET
    Keppel: Beijing is aware of property sector woes

    Loh Chin Hua, Chief Executive Officer of Keppel Corporation, says it's "heartening" to see Beijing rolling out measures targeted at the ongoing stress in the property market.

  • Billions at risk as West Coast port contract ends Monday, 23 Jun 2014 | 8:14 AM ET
    The Maersk Alfirk container ship is unloaded at the Port of Los Angeles in San Pedro, Calif., April 8, 2014.

    A contract that covers nearly 20,000 dockworkers is set to expire, and businesses are worried about disruptions.

  • Shipping stocks still not cheap enough: Pro Tuesday, 29 Oct 2013 | 11:23 PM ET
    Shipping stocks still not cheap enough: Pro

    Jonathan Windham, Head of Asia Ex-Japan Transport and Infrastructure Research at Barclays thinks investors should steer clear of shipping stocks, saying they aren't cheap enough to justify the risk.

  • Hong Kong Dockworkers Deal a 'Half Victory' Monday, 6 May 2013 | 9:35 PM ET
    Hong Kong Dockworkers Deal a 'Half Victory'

    Lee Cheuk-Yan, Hong Kong Legislator and Chairman of the Labour Party, calls the agreed wage increase for Hong Kong port workers a "half win", saying the union will continue to work for a collective bargaining agreement.

  • Australian Iron Ore Port to Reopen as Storm Passes Tuesday, 22 Jan 2013 | 7:36 PM ET
    West Coast Wrap: Port of Los Angeles

    Australia's Port Hedland, which handles about a fifth of the world's seaborne-traded iron ore, will reopen on Wednesday after being spared the brunt of a cyclone that has also shut other major ports in Western Australia.

  • West Coast Wrap: Port of Los Angeles

    The threat of imminent labor unrest at four U.S. Pacific Northwest ports was averted on Wednesday as the dockworkers union said its members would stay on the job despite "substandard" contract terms being imposed unilaterally by grain shippers.

  • US Union Accuses Maersk of Spying on It Thursday, 6 Dec 2012 | 5:13 AM ET
    A worker drives a Kalmar reachstacker truck loaded with an AP Moeller-Maersk A/S shipping container.

    A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.

  • Under Chinese, a Greek Port Thrives Wednesday, 10 Oct 2012 | 10:34 PM ET
    port-of-piraeus-greece-shipping.jpg

    As the Greek government contemplates shedding state-owned assets to help pay down staggering debts, it could consider leasing or even selling the rest of the port to China, the New York Times reports.

  • 5 Questions With NOL CEO Wednesday, 13 Apr 2011 | 11:46 PM ET

    The outlook of the container shipping industry remains uncertain, according to NOL’s Chief, as the industry grapples with concerns over rising fuel costs, overcapacity and ripple effects from the Japan disaster. Shipping veteran Ron Widdows, who helms the Singapore-based company, the world’s sixth-largest container shipping company, talks to CNBC’s Christine Tan.

  • Marine Ports and Services Partner Story Sunday, 1 Dec 2002 | 12:00 AM ET