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 above video, Robert Kunkle, Technical Advisor at Mid Ocean Tanker Company (MOTC) talks with CNBC about the impact of Hurricane Sandy to the tanker trade in and out of the Port of New York and New Jersey.
Yesterday, MOTC’s Jones Act tanker, the American Phoenix, was steaming north to New York with a full cargo of West Texas Sweet Crude, however as of this morning, she is moored in Delaware Bay while the Port of New York and New Jersey reopens to commercial traffic.
The following is a video of the American Phoenix being launched from BAE Systems’ Alabama shipyard.
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