Boeing withdraws offer as union talks hit another stalemate

Boeing has taken its 30% pay raise offer off the table in union negotiations after the talks reached a stalemate yet again, the Financial Times reports. The firm said that the union was not giving its proposals serious consideration, while the International Association of Machinists and Aerospace Workers (IAM) says Boeing was “hell-bent” on its position, which was rejected by union members. Boeing alleges that the union “made non-negotiable demands far in excess of what can be accepted if we are to remain competitive as a business,” and that “further negotiations do not make sense at this point and [their] offer has been withdrawn,” the BBC reports, citing comments from Boeing Commercial Airlines President Stephanie Pope distributed to employees in a letter.

ICYMI- Boeing returned to the negotiating table this week, two weeks after talks failed to resolve a labor strike at the company, with a federal mediator summoning representatives from Boeing and trade union International Association of Machinists (IAM) District 751 to relaunch talks. A second round of wage talks broke down with no progress last week. The strikers are looking for a 40% pay rise and the reinstatement of a defined-benefit pension.

Singapore’s marine fuel suppliers are required to provide digital bunkering services and electronic bunker delivery notes starting 1 April 2025, Reuters reports, citing a statement from Singapore’s Senior Transport Minister Amy Khor during the SIBCON 2024 conference. Pilot trials with a variety of bunker suppliers have been taking place since November last year. Singapore, a bunkering hub, is looking to streamline ship fueling processes by making the flow of data sharing between buyers and sellers easier and more transparent. The move is slated to make Singapore the first port to implement digital bunkering at this scale, saving some 40k man-days per year and reducing the risk of fraud.