Is the EPC model replacing the lease model in the FPSO sector?

This follows the recent longshore strike; the huge 61% wage increase and the still unresolved issue of automation between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) which represents employers at U.S. East and Gulf ports.

On October 18th, the Bloomberg Editorial Board also criticized Donald Trump’s plan to put a 20% tariff on all U.S. imports, arguing it would “raise prices, provoke retaliation, hobble the economy and impose especially high costs on the lower-paid, who’d be least able to bear them.”

Plans by the new French government to reduce the nation’s alarming budget deficit through public spending cuts and “temporary and exceptional” tax hikes, is set to have a direct impact on the transport sector with ocean shipping giant CMA CGM hardest-hit.

The United Nations’ International Maritime Organization (IMO) is considering a ‘pricing mechanism’ to accelerate international shipping’s transition away from greenhouse gases (ghg) and toward zero emissions.

Technology, computerized tracking, and tracing, the continuing demise of high-season, slack season shipping largely driven by the steady surge of e-commerce have dramatically altered the worlds of air cargo and freight forwarding and depersonalized global logistics, contends Angel Rodriguez, a 30-year-veteran of the supply chain’s most time-sensitive transportation sector.

Charging that maritime employers are “dragging their heels” in deadlocked negotiations, Port of Montreal longshoremen today began an “indefinite” ban on overtime work in another industrial action short of a general strike.

Some container ships and bulk carriers arriving at U.S. ports generate complaints from their crew members that they suffer from substandard conditions that include a shortage of food, according to Robert Wilkins, Executive Director, International Maritime Center and Chief Program Officer, Seafarers' Ministry of the Golden Gate.

The recently resolved International Longshoremen’s Association’s (ILA) strike, which shut down ports on the East and Gulf Coasts, wasn’t just about wages and benefits but also focused on opposing automation at container terminals where the union says jobs are threatened. But is the ILA right about the threat of automation?

Within the last year, the Port of Hueneme, located in Ventura County, California, was hit by 8 inches of rain in two hours plus a drought hurting blueberry shipments from Peru and hurricanes hurting Mexican banana imports, reports Kristin Decas, Executive Director, Port of Hueneme.