Economics
BHP Vows to Halt Port Hedland Strike as Union Cites Impasse
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BHP Billiton Ltd., the world’s biggest mining company, is seeking to stop planned strikes by tugboat engineers at Australia’s Port Hedland export terminal which ships more than half the country’s iron ore.
Members of the Australian Institute of Marine & Power Engineers notified Teekay Shipping (Australia) Pty that they intend to stop for four hours each time on Aug. 9, Aug. 11 and Aug. 13, Teekay said today. BHP, which contracts the company to tow vessels, believes that the industrial action is unlawful and Teekay said it’s seeking an injunction to halt it.