India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
The lockout was immediately lifted and the union also withdrew its strike notice, according to separate statements by the BC Maritime Employers Association and the International Longshore and Warehouse Union Canada.
Details of a tentative agreement on a new contract, reached with the help of federal mediation, were not released.
At issue was the employers association’s introduction of automation that could eliminate jobs, the union said.
The port is a major gateway to Asia for Canadian goods, moving large volumes of coal, grain, potash and forest products.
Despite its short duration, the lockout led to lineups of trucks outside terminals and vessels being rerouted to other West Coast ports, said Joel Neuheimer, vice president of international trade and transportation at Forest Products Association of Canada, whose members include Canfor Corp and West Fraser Timber.
Cruise ships and licensed grain terminals were not affected by the lockout.
The employers association represents 55 companies, such as ship owners and terminal operators at the port. ($1 = 1.3498 Canadian dollars) (Reporting by Rod Nickel in Winnipeg, Manitoba and Kelsey Johnson in Ottawa; Editing by Dan Grebler, Bill Berkrot and Cynthia Osterman)
(c) Copyright Thomson Reuters 2019.
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