Danish and French Companies in Talks to Buy APL Parent NOL Eptune Orient Lines the NOL Announcement A.P
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Organized 1885 Official Organ of the Sailors’ Union of the Pacific Volume LXXVIII No. 11 SAN FRANCISCO, CALIFORNIA Friday, November 20, 2015 Danish and French companies in talks to buy APL parent NOL eptune Orient Lines The NOL announcement A.P. Moller-Maersk, which op- they are looking to expand into Lars Jensen CEO of Copen- (NOL), the parent com- comes in the wake of months of erates 617 vessels, is the number new territory. hagen-based Sea Intelligence pany of American Presi- speculation regarding the future one container carrier globally According to the Journal, Consulting said, “CMA CGM N while CMA CGM is the third CMA CGM faces pressure to needs to boost its scale more dent Lines, confirmed this month of the company (see the July than Maersk.” Jensen added that that it is in preliminary and sepa- West Coast Sailors). largest, operating 471. expand as two state-owned Maersk is bigger on TransPa- As the West Coast Sailors Chinese shipping giants, China rate negotiations with Denmark’s NOL, which operates 91 ves- cific routes, and it would make went to press, the Wall Street Ocean Shipping Company and A.P. Moller-Maersk and France’s sels globally under the APL less sense to buy NOL at a time Journal reported that CMA CMA CGM (Compagnie Mari- brand, has been unprofitable China Shipping Group, are in when it is cutting its workforce CGM is emerging as an early fa- time d’Affretement-Compagnie since 2009. The company sold advanced talks to merge. That by 4,000 and ratcheting back vorite to buy NOL, according to Generale Maritime) for the pos- its profitable logistics business, combination would create the expansion plans elsewhere. people familiar with the negoti- sible sale of the company. APL Logistics Ltd, for $1.2 bil- fourth-biggest shipping line – ations. NOL’s Asia to North and Maersk operates 22 U.S.-flag The SUP recently ratified an lion to Kintetsu World Express just behind CMA CGM– would South America routes would fill vessels enrolled in the Maritime agreement with APL covering Inc. of Japan in May, but posted a likely reduce the French compa- a weak spot for Marseille-based Security Program which could nine U.S.-flag vessels enrolled in third-quarter loss of $96 million ny’s market share in Asia. CMA CGM where company create potential hurdles with the Maritime Security Program. in October. As quoted by the Journal, officials have repeatedly stated U.S. government regulators. Unions urge President Obama to reject the European Union’s maritime and aviation trade proposals n October 28, the mari- workers, we are extremely con- Unions which urged trade Air traffic rights and relat- ized aviation trade between the time and aviation Unions cerned by elements in the pro- negotiators to resist efforts ed services have been largely U.S. and its trading partners Oaffiliated with the Trans- posal for the services, invest- by the EU to include air and excluded from broader trade throughout the globe, with portation Trades Department ment and e-commerce chapter maritime transport services negotiations, and with good Open Skies agreements cur- (TTD), AFL-CIO sent President of the Trans-Atlantic Trade in the TTIP negotiations. The reason. Air traffic rights and rently in place with over 110 Obama the following letter re- and Investment Partnership proposal released by the EU related services have been countries. In fact, in 2010 the garding the TransAtlantic Trade (TTIP) recently released by the on July 31,2015 confirmed negotiated through bilateral U.S. and EU signed stage two and Investment Partnership European Union (EU). On May that the EU is seeking to use “Open Skies” agreements of the U.S.-EU Air Transport Agreement: 10, 2013, the Transportation the TTIP process as a means overseen by subject-matter Agreement, liberalizing air “Dear Mr. President, Trades Department, AFL-CIO to undermine and dismantle experts at the Departments services between the U.S. and As the elected leaders of (TTD) submitted comments many critical U.S. aviation and of State and Transportation. the 28 member states of the EU Unions representing Amer- to U.S. Trade Representative maritime laws and regulations Since 1993 the Open Skies re- ican maritime and aviation on behalf of the undersigned at the expense of U.S. workers. gime has dramatically liberal- continued on page 5 Senate oks increased Maritime Security Program funds, enactment expected The U.S. Senate has passed a assistance from the government. ence in international commerce, the Guantanamo Bay detention revised version of the Nation- The revised $607 billion ap- supports a pool of qualified facility. The provision remains al Defense Authorization Act propriations bill has been passed United States merchant mariners in the current version of the (NDAA) for fiscal year 2016. The by both the House and Senate needed to crew U.S.-flag vessels NDAA, but Democratic mem- bill contains an increase in fund- and will be reviewed by Pres- during times of war or national bers of Congress have suggested ing for the Maritime Security ident Obama. If the bill is en- emergency, and serves as a crit- that the president will look for Program (MSP), which provides acted, the MSP provision will ical component of our national alternative ways to phase out financial assistance to eligible increase the program’s subsidy security infrastructure.” detention at Guantanamo. American-flagged vessels. to $3.5 million for each program In October, the president ve- Separately, MSP funding MSP, enacted in 1996 and vessel during fiscal 2016, up toed the first version of the came up in an earlier – and so administered by the Maritime from $3.1 million. Total program NDAA –including the same far unsuccessful – legislative Administration, is intended cost will increase by $24 million. MSP appropriation– but it is effort to lift the American crude believed he will sign the revised oil export ban. In October, oppo- Periodicals’ postage paid at San Francisco, CA (USPS 675-180) postage paid at San Francisco, CA Periodicals’ to “establish a fleet of active, In its rationale for increased bill, largely because of a recent nents of the ban attached an MSP commercially viable, militarily MSP funding, Congress stated large scale budget deal. funding amendment to a House useful, privately-owned vessels that “dedicated and enhanced In his rationale for vetoing bill to permit oil exports. The to meet national defense and oth- support is necessary to stabilize er security requirements.” Sixty the last edition of the bill, the amendment would have raised and preserve [the program]... [it] vessels are currently enrolled president highlighted a section MSP subsidies to $5 million per assures a United States-flag pres- and receive annual financial intended to block the closure of vessel in 2017. SUP Election Supplement follows Page 6 ESU News: Page 7 Page 2 WEST COAST SAILORS Friday, November 20, 2015 SUP Quarterly Finance Committee Report SUP QUARTERLY FINANCE COMMITTEE REPORT Accounting .............................................................................................5,900.00 FOR THE QUARTER ENDED SEPTEMBER 30, 2015 Miscellaneous ...........................................................................................990.00 Total Expense: .............................................................................$342,899.67 The Quarterly Finance Committee, duly authorized to act by the regular meeting at Headquarters on October 13, 2015, hereby submits the following report: BUILDING CORPORATION SUMMARY OF CASH AND INVESTMENTS Income: General Fund ....................................................................................$1,762,646.26 Rents ................................................................................................$134,089.39 Political Fund ........................................................................................... $6,154.93 Bldg. Util. & Service Reim. ........................................................................ 0.00 Strike Fund .......................................................................................$1,293,730.99 Total Income: ............................................................................$134,089.39 Total Cash and Investments 3rd Qtr. 2015 ...................................$3,062,532.18 Expense: GENERAL FUND Building Services & Utilities ...............................................................$21,508.67 Income: Repairs & Maintenance .......................................................................76,722.32 Dues, Initiation, Assessments .........................................................$104,786.05 Insurance .............................................................................................26,919.88 Interest .................................................................................................10,078.34 General Taxes ........................................................................................... 149.93 Donations - West Coast Sailors ................................................................800.00 Salaries & Payroll Taxes .......................................................................17,015.03 Tanker & Joint Committee, Hiring Hall............................................... 154,910.66 Pension ..................................................................................................... 237.33 Advertising & Promotion ...........................................................................225.00 Accounting .............................................................................................4,600.00