The strike negotiation team has reached a compromise and accepted the Councillor General's proposal. The stevedores' strike action is called off as of March 19, 2010. The stevedores are obligated to return to their workplaces and allocated shifts latest by March 23, 2010.
A return to the standard conditions is expected to take another week since the hauliers have a significant amount of import backlog to clear before capacity is released for export shipments.
We continue to experience fierce competition for the empty export units and ferry slots. We will continue keeping our customers informed via our Customer Service and Sales departments.