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ILA stop, then start lifting Hanjin boxes over royalty fee fears
THE US east and Gulf coast International Longshoremen's Association have resumed lifting Hanjin Shipping containers after they refused to do so because of fears they would get no royalties from the near bankrupt shipping line.
ILA officials said they were concerned about the South Korean carrier's payment of more than US$1 million in obligations under the union's coastwide contract.
Container lines pay a total of $5.14 per ton in container royalties that fund ILA benefits, and to subsidise labour costs at ILA-staffed container freight stations.
ILA officials said they were concerned about the South Korean carrier's payment of more than US$1 million in obligations under the union's coastwide contract.
Container lines pay a total of $5.14 per ton in container royalties that fund ILA benefits, and to subsidise labour costs at ILA-staffed container freight stations.
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