Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
ATHENS, April 18 (Reuters) – Greek ferries remained docked at the country’s ports on Wednesday as seamen, marine engineers and ship cooks walked off the job to protest against planned government reforms which they say will further hurt their labor rights.
The 24-hour strike was organized by Greece’s seamen federation (PNO), which said the leftist-led government was preparing a reform allowing non-European flagged transport ships to sail in Greece, leading to job losses for Greek crews.
The reform is coming on top of pension cuts, rising unregistered labor and work without any insurance, PNO said.
PNO said later on Wednesday that the strike would be extended until Friday morning. “No more blows against our sector,” it said in a statement.
Passenger traffic was slow at Piraeus port on Wednesday morning. Traffic has been picking up as the summer, the top tourism season for the Mediterranean country, approaches.
Marine unions have strongly resisted reforms liberalizing the shipping sector, which along with tourism is a pivotal industry for Greece, a country of proud seafarers and shipowners.
Since its worst debt crisis in decades broke out in 2010, Greece has sold management rights and majority stakes at its two largest ports, as demanded by its foreign lenders, the European Union and the International Monetary Fund.
The Greek state is considering concession deals for the development of about 850 small ports and marinas. (Reporting by Renee Maltezou Editing by Richard Balmforth)
(c) Copyright Thomson Reuters 2018.
Join the 68,425 members that receive our newsletter.
Have a news tip? Let us know.