NOVEMBER 1, 2016

 

BUDGET/FINANCES

Seaport Alliance considering four weeks of paid parental leave as part of budget process

Kate Martin, October 31, 2016, The News Tribune

The Northwest Seaport Alliance will consider a budget Tuesday (Nov. 1) that includes paid parental leave.

Under the proposal, any seaport alliance employee — man or woman — could take up to four paid weeks off for the birth, adoption or foster placement of a child.

A Port of Seattle parental leave policy took effect in January.

Read more here:  http://www.thenewstribune.com/news/business/article111680892.html

 

 

ENVIRONMENT/NATURAL RESOURCES

Port terminal company changes name, not plans for oil facility

October 31, 2016, The Daily World

The company proposing an oil storage and distribution facility at its existing Port of Grays Harbor operation has changed its name. Westway Group LLC became Contanda LLC Monday afternoon, but that will not affect the company’s efforts to secure all the permits needed for the project.

“Overall, the name change building on the 60-year history of the company does not impact the Westway, now Contanda, Grays Harbor terminal expansion in any manner,” said spokesman David Richey. “The company is still moving forward with the project to meet all local, state and federal requirements to build the project safely.” According to a statement released by the company, the name change coincides with the corporate office move from New Orleans, La. to Houston, Texas.

Friends and foes of the project are awaiting a decision on the City of Hoquiam’s shorelines permit application, but that is just the first in a long list of permissions needed from local, state and federal entities before the project can proceed.

Read more here:  http://www.thedailyworld.com/news/port-terminal-company-changes-name-not-plans-for-oil-facility/

 

 

MARINE TERMINALS

Japanese shippers to merge container lines; Puget Sound impact unclear

Chris Cooper and Kiyotaka Matsuda, October 31, 2016, The Seattle Times

Japan’s three biggest shippers agreed to combine their container operations to create the world’s sixth-largest box carrier, as the industry steps up consolidation this year amid global turmoil in the sea-cargo business.

Nippon Yusen KK (NYK), Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha, which is also known as the K Line, will create a company that will control 7 percent of the world container-shipping trade, according to a joint statement in Tokyo on Monday.

The combination of the three companies, which are predicting operating losses this year, will need to be approved by regulators in the European Union, U.S., China and Japan, among others.

Read more here:  http://www.seattletimes.com/business/japanese-shippers-to-merge-container-lines-puget-sound-impact-unclear/

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