marine link image

Strike Likely at Panama Canal's 3rd Set of locks Project

August 10, 2015

 

The Panama Canal Authority (ACP) has learned of the National Union of Workers of Construction and Similar Industries (SUNTRACS) notice to strike issued to Grupo Unidos por el Canal (GUPC). GUPC is the main contractor for the Canal's third set of locks project, which is currently 93 percent complete.

The ACP has repeatedly appealed to both sides to reach an agreement on matters that, by law, only pertain to dealings between GUPC and SUNTRACS members. The ACP, although the ultimate owner of the project, is in no way responsible for labor issues arising from any failure on the part of GUPC to meet labor demands by its subcontractors.

On the contrary, the ACP is deeply concerned about the situation and is following closely the developments on the matter as its business may be impacted directly if the work is not carried out efficiently and promptly to deliver the project on time. 

We look forward to the prompt resolution of this impasse by GUPC and SUNTRACS and will be sure to update all relevant parties as the situation develops.

Logistics News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Subscribe for Maritime Logistics Professional E‑News

The high shipping costs and contract structure limit Russia's ability to reroute LNG away from Europe
DHS pays 50,000 airport workers in the US as part of emergency measures
Bickert, Meta's former content policy chief and now Harvard professor, will be teaching at Harvard.