• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Thousands of Indian port workers to go on strike, could delay shipments

Simon Osuji by Simon Osuji
August 27, 2024
in Telecoms
0
Thousands of Indian port workers to go on strike, could delay shipments
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter



Nearly 20,000 workers across major Indian ports are likely to go on a strike from Wednesday to demand immediate settlement of pay revisions and pension benefits, union workers said on Tuesday.

The strike could delay shipments and back up cargoes at various ports, pushing up freight costs and exacerbating the existing congestion at other Asian and European ports.

“The negotiations are in a deadlock, as the labour federations are demanding wage raises in the region of 10.6%, while the government is stuck at 6%,” Sathya Narayanan, a senior union member said.

The union workers met Sarbananda Sonowal, India’s federal shipping minister, on Tuesday.

The shipping ministry formed a bipartite wage negotiation committee in March 2021, and the workers submitted their demands six months later, ahead of the expiration of the previous agreement in December of that year, according to a note signed by union leaders, and reviewed by Reuters.

Although the wage negotiation committee met seven times, it failed to meet the port workers’ demands, the note said.

The workers’ group agreed to call for a strike after a meeting this month in Thoothukudi, a port city in the southern state of Tamil Nadu.

Ports such as Chennai, Cochin and Mumbai, with a combined cargo handling capacity of 1.62 billion metric tons annually, are expected to be hit by the strike.

“The port strike is proposed in an extremely difficult time where exporters are presently struggling to meet shipping schedules for Christmas season” said K. Unnikrishnan, joint director general of Federation of Indian Export Organisations.

(Reporting by Praveen Paramasivam in Chennai; editing by Mayank Bhardwaj and David Evans)



Source link

Related posts

Terrapinn acquires FMS: the Future of Memory and Storage

Terrapinn acquires FMS: the Future of Memory and Storage

March 6, 2026
RTA opens two bridges in Oud Maitha, Al Asayel streets project

RTA opens two bridges in Oud Maitha, Al Asayel streets project

March 6, 2026
Previous Post

Nigeria to approve Exxon-Seplat deal within 120 days

Next Post

Top 10 African countries with the lowest IQ

Next Post
Top 10 African countries with the lowest IQ

Top 10 African countries with the lowest IQ

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Emerging Market Telecom Operator Expands Reach with 5G Networks in Benin & DRC | IT News Africa

Emerging Market Telecom Operator Expands Reach with 5G Networks in Benin & DRC | IT News Africa

1 year ago
“Sudan: Foreign Minister’s Heartfelt Plea Strikes at Core of Global Injustice

“Sudan: Foreign Minister’s Heartfelt Plea Strikes at Core of Global Injustice

1 year ago
How the Loudest Voices in AI Went From ‘Regulate Us’ to ‘Unleash Us’

How the Loudest Voices in AI Went From ‘Regulate Us’ to ‘Unleash Us’

9 months ago
Stock futures rise before PCE; dollar-yen hits 145: Markets wrap

Stock futures rise before PCE; dollar-yen hits 145: Markets wrap

3 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.