Category: Port
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Gov’t threat ends Ashdod Port strike within hours
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The strike at the port of Ashdod, which began this morning, ended within hours. The Histadrut (the General Federation of Labor in Israel) announced labor sanctions for including temporary workers in shifts instead of permanent employees, which it said constituted a violation of agreements with employees. For its part, the…
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Strike shuts Ashdod Port – Globes
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This morning, the Ashdod Port Workers Committee affiliated with the Histadrut (General Labor Union in Israel) announced “organizational measures” that the port administration described as a “random strike.” The committee says that the reason for the strike is to give preference to temporary workers in working shifts at the expense…
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Greek port workers block Israel bound arms consignment
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A shipment sent from North Macedonia to the Greek port of Piraeus for loading onto a ship sailing to Israel was blocked by protesting port workers belonging to the Greek ENEDEP union of cargo handling workers. Port workers claimed that the container was carrying weapons destined for Israel. Reuters reported…
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US port strike ends, leaving cargo backlog By Reuters
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By Doyinsola Oladipo and David Shepardson (Reuters) – U.S. East Coast and Gulf Coast ports reopened on Friday after dock workers and port operators reached a wage agreement to settle the industry’s biggest work stoppage in nearly half a century, but clearing a backlog of cargo will take time. The…
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US port strike disrupts hamburger supplies, frozen seafood
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By Tom Polancik and P.J. Hofstadter CHICAGO (Reuters) – A strike by dockworkers at U.S. East Coast and Gulf Coast ports is blocking imports of beef that restaurants and retailers increasingly rely on to make hamburgers because of limited domestic supplies, traders and industry members said. The labor strike is…
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Novo Nordisk has mitigation plans to minimize disruption from port strikes, CNBC reports By Reuters
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(Reuters) – Danish drugmaker Novo Nordisk (NYSE:) has mitigation plans to reduce or prevent any interruptions in its production due to U.S. seaport strikes, CNBC reported on Tuesday, citing a company spokesperson. The report added that the famous pharmaceutical manufacturers, Wegovy and Ozempic, are planning to ship their products to…
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US East Coast port strike set to start Tuesday, says union By Reuters
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Written by David Shepardson and Steve Holland WASHINGTON (Reuters) – A strike at ports on the U.S. East Coast and Gulf of Mexico will begin on Tuesday, the International Longshoremen’s Union said on Sunday, signaling action that could cause delays and disrupt supply chains. “The United States Naval Alliance… refuses…
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Treasury plans tax on banks and Ashdod Port privatization
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The draft economic arrangements law, which will be attached to the 2025 budget, outlines the reforms that the Finance Ministry intends to implement next year. The draft law includes important measures in the areas of finance, real estate, state-owned companies, and others. The draft does not include any new taxes…
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Labour finalising £500m rescue for Tata Steel’s Port Talbot plant
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The UK government is close to completing a £500m bailout for Tata Steel’s Port Talbot plant, after its blast furnaces were shut. The financing agreement, initially developed under the previous government, aims to help Tata Steel shift to a more environmentally friendly production method by building an electric arc furnace…
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Overtourism: Greece to target short-term rentals and levy port fees
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Greek Prime Minister Kyriakos Mitsotakis has announced measures aimed at addressing the negative impact of overtourism as visitors continue to arrive in record numbers in the post-pandemic era. The government is “very concerned” about the influx of cruise ship passengers during certain months of the year and will start imposing…
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Tata Steel workers and suppliers receive £13.5 million in emergency funding amid Port Talbot restructuring
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The UK government has announced £13.5m of emergency funding to support supply chain companies and workers affected by Tata Steel’s restructuring plans at its Port Talbot site in South Wales. The funding represents the first allocation from a transitional board set up to manage the impact of Tata’s switch from…
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KPA offloads cargo from vessel grounded off Mombasa port
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The Kenya Ports Authority has begun unloading cargo from a ship that ran aground more than two months ago while sailing from the port of Mombasa to neighbouring Dar es Salaam carrying 209 containers. The Mombasa port manager said about 96 shipping containers have so far been unloaded from the…
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Court stops Joho family firm Sh5.9bn grain facility at Mombasa port
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The High Court has temporarily halted the construction of a second bulk grain handling facility at the Port of Mombasa, which was awarded to companies linked to mining cabinet secretary nominee and former Mombasa governor Hassan Joho. The High Court, headed by Deputy Chief Justice Philomena Mwilu, ruled that the…
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Tel Aviv Port penthouse sold for NIS 36m
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A 243-square-meter penthouse apartment in the Hagag Group’s (TASE: HGG) Port TLV Residence project was sold for NIS 36 million. This is a new project that is set to occupy a long and complex history. Port TLV Residence is built on five privately owned plots of 2.5 dunams (2,500 square…
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Dar Port starts facelift in hub status fight against Mombasa
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Tanzania’s seaport operations are set to undergo a major overhaul after private sector investors took over management of maritime assets with plans to boost the efficiency and competitiveness of Dar es Salaam Port in competing for regional business with Mombasa Port. The Dar es Salaam Port renewal saw the number…
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Labour Appeals to Tata Steel to Postpone Port Talbot Closure Amid Strike Threat
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Labour politicians are calling on Tata Steel to refrain from making irreversible decisions before next week’s general election. The Indian company recently announced that it plans to accelerate the closure of blast furnaces at its Port Talbot plant due to an impending industrial strike. Tata Steel, Britain’s largest steelmaker, has…
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Ford tests shipping cars from Mexico’s Guaymas port to cut logistics costs By Reuters
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Written by Kylie Maddrey MEXICO CITY (Reuters) – Ford shipped the first batch of cars on Tuesday from the previously neglected port of Guaymas near its factory in the northern Mexican state of Sonora in a project that could cut the U.S. automaker’s logistics costs if it is fully launched,…
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Ford tests shipping cars from Mexico’s Guaymas port to cut logistics costs By Reuters
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Written by Kylie Maddrey MEXICO CITY (Reuters) – Ford shipped the first batch of cars on Tuesday from the previously neglected port of Guaymas near its factory in the northern Mexican state of Sonora in a project that could cut the U.S. automaker’s logistics costs if it is fully launched,…
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IAI deploys port protection system in Asian country
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Israeli aviation regulations It has completed the deployment of the ELI 3320 Port Guard system to protect critical coastal and marine infrastructure at an Asian port, sources close to the deal told Globes. Port Guard tracks what is happening around the port in all weather conditions and provides local authorities…
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U.S. East Coast port union strike threat to test shippers’ nerves By Reuters
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(Reuters) – Labor talks at U.S. ports on the East Coast and Gulf of Mexico represent a looming danger for retailers, manufacturers and other shippers already struggling with longer transit times and higher costs. The International Longshoremen’s Association’s contract, which covers 45,000 workers at thirty ports from Maine to Texas,…