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20.05.2013

THREAT OF STRIKE BY DOCK LABORERS NOT MATERIALIZED YET

The threat of strike by laborers of DOCK Co. (also known as CODESP) i.e. Santos port Administration Authority, has NOT materialized yet (as preliminarily scheduled for "today" i.e. May 20th).

Such decision was possible due to the fact that corresponding leaders succeeded to book an audience for the next days with the Minister of the Ports (Mr. JosÚ Le˘nidas Cristino) in Brasilia (location of the Federal Government).

Therefore, depending on the outcome of such audience, a new threat of strike may emerge.

We will be following-up developments and reverting in case of any further news related to chance of strike.

Keeping you duly posted !

WILLIAMS