news Operational riskMarkets & trade Splash247
The Indian government has announced a wage deal has been struck with dockworkers, ending nearly three years of negotiations. Port workers had threatened to go on strike indefinitely from yesterday if no pay deal was agreed. A previous pay contract expired in December 2021 There are around 20,000 permanent port workers employed across 12 major ports. Shipping is having to brace for a renewed wave of strikes at important destinations with a possible shutdown of ports on the US east and Gulf coasts pencilled in for October 1, a Canadian rail strike last week, and German unionised dockworkers recently rejecting a collective agreement offer from port operators. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsIndia
Indian dockworkers accept new pay deal
Splash247
Read full article at Splash247 →
Opens Splash247 in a new tab