Shipping victims win huge payouts

Original article by Simon Benson
The Australian – Page: 1 & 2 : 28-Feb-19

Teekay Shipping has confirmed that it has retrenched the last crewmembers of two bulk carriers that had been chartered to ship iron ore from BHP’s mines in the Pilbara to BlueScope’s Port Kembla steelworks. Teekay is believed to have paid 51 workers more than $9m in redundancy payments on 7 February, with each worker receiving an average of $176,000. The ships were the last two iron ore vessels operating in Australian waters that were manned by local crews. Labor has flagged plans to re-regulate the shipping industry to protect local jobs.

CORPORATES
TEEKAY SHIPPING CORPORATION, BHP GROUP LIMITED – ASX BHP, BLUESCOPE STEEL LIMITED – ASX BSL, MARITIME UNION OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, THE AUSTRALIAN INSTITUTE OF MARINE AND POWER ENGINEERS, AUSTRALIAN LABOR PARTY, MINERALS COUNCIL OF AUSTRALIA

ALP locks in shipping fleet

Original article by Primrose Riordan
The Australian – Page: 1 & 4 : 24-Jan-19

The Maritime Union of Australia’s national secretary Paddy Crumlin says Labor is likely to pursue coastal shipping reforms if it wins the 2019 federal election. He expects Labor to mandate that cargo ships operating between the nation’s ports must be Australian-flagged, with local crews who are subject to Australian conditions of employment. Minerals Council of Australia CEO Tania Constable says that such restrictions would lead to higher costs for businesses and consumers.

CORPORATES
MARITIME UNION OF AUSTRALIA, AUSTRALIAN LABOR PARTY, MINERALS COUNCIL OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, AUSTRALIA. PRODUCTIVITY COMMISSION, BHP GROUP LIMITED – ASX BHP, AUSTRALIA. DEPT OF INFRASTRUCTURE AND REGIONAL DEVELOPMENT, INTERNATIONAL ENERGY AGENCY

Shipping laws ‘take toll’ on refineries

Original article by Annabel Hepworth
The Australian – Page: 21 : 12-Nov-14

An Australian Maritime Safety Authority event on 12 November 2014 will be addressed by Deputy Prime Minister Warren Truss. He will argue that industries such as petroleum refining are being negatively affected by the cabotage regulations rolled out under the previous federal government’s Coastal Trading Act. Truss will claim that the added cost per vessel and per annum is $A6.5m. Refining in Australia is in decline, with just five major operations left and some four fifths of all fuel and crude already being imported

CORPORATES
CALTEX AUSTRALIA LIMITED – ASX CTX, BHP BILLITON LIMITED – ASX BHP, EXXONMOBIL AUSTRALIA PTY LTD, SHELL COMPANY OF AUSTRALIA LIMITED, BP AUSTRALIA LIMITED, AUSTRALIAN INSTITUTE OF PETROLEUM LIMITED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. MARITIME SAFETY AUTHORITY, AUSTRALIAN LABOR PARTY