South Africa’s Transnet, Union in Talks to Avoid Strike
(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to resolve a wage dispute and stave off...
In the wake of the Glenn Defense Marine Asia (GDMA) scandal which has rocked the U.S. Navy contracting world and seen the arrest of two U.S. Navy officers, a Naval Criminal Investigator, and the CEO of GDMA, Leonard Francis, the U.S. Navy’s Chief Public Affairs Officer has announced another scandal late Friday involving global marine services provider Inchcape Shipping Services (ISS).
The Department of the Navy (DON) recommended ISS’s suspension to the Suspension and Debarring Official, “based upon evidence of conduct indicating questionable business integrity affecting ISS’s present responsibility to be a Government contractor.”
As of 26 November 2013, ISS and its affiliated companies have been suspended from contracting with the Federal government, including “entering into any new contracts, exercising options under existing contracts or issuing any new task or delivery orders under indefinite quantity contracts with ISS or its affiliates above the minimum guarantee during the period of suspension without agency head approval,” according to a U.S. Navy statement.
ISS is a provider of husbanding services to the DON and major service provider to the greater maritime industry as well. According to ISS’ website, they employ over 3,800 people across 66 countries.
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