Firms in Fed’s Beige Book Fret Over Any Lengthy Baltimore Port Closure
(Bloomberg) — The closure of one of the East Coast’s busiest ports after the collapse of Baltimore’s Francis Scott Key Bridge has so far not led to broad price increases,...
A spokeswoman for the port of Marseille told Reuters that yesterday 29 oil, LNG and chemicals vessels were waiting between the wharf and harbour on Wednesday.
This morning, 21 vessels including 12 carrying oil, LNG or chemicals, were waiting. During normal busy operations, about 5 vessels would be waiting, the port authority said.
CGT port workers and dockers joined the nationwide rolling strike on Thursday and Friday. The stoppages hitting the power, fuel and transport sectors is aimed at forcing the government to withdraw the planned labour reform bill.
CGT oil refinery and oil depot workers at Fos-Lavera have been on strike since Monday and have blocked oil terminals, preventing some fuel deliveries and leading to shortages.
The terminals supply PetroIneos Lavera, Total’s La Mede and Exxon’s Fos refineries on the southern coast. (Reporting by Valerie Parent and Bate Felix; Editing by Andrew Callus)
(c) Copyright Thomson Reuters 2016.
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