Journalist Greg Palast reveals election crimes of the rich and famous in new film pg. 7 Candidates Furutani and Barragan shine at environmental forum pg. 10 The Friends of Cabrillo Marine Aquarium gear up for the Sustainable Seafood Expo Oct. 2 pg. 12
By Terelle Jerricks, Managing Editor and Linnea Stephan, Photographer
[See Derby page 14]
Competing roller derby teams thank the fans at the bout’s conclusion at the ILWU Memorial Hall in Wilmington. Photo by Linnae Stephan.
The Worst May Be Yet to Come By Paul Rosenberg, Senior Editor
pre-Christmas shipping cycle, the most economically crucial time of the year. In a sense, the bankruptcy was long overdue. The shipping industry has been plagued with enormous overcapacity even before the Great Recession. Industry losses this year are expected to top $5 billion, only industry leader Maersk showed a profit in the first quarter of this year. Hanjin lost $221 million, a third behind COSCO and Hyundai Merchant Marine, in just those first three months. The bankruptcy has caused a sharp spike in prices. This could
September 15 - 28, 2016
The bankruptcy announcement of South Korean shipping giant Hanjin on Aug. 31 sent shockwaves around the world. Outside of South Korea itself, America’s West Coast ports and workers associated with them were among the most profoundly impacted. Hanjin is the eighth largest shipping company, with just under 4 percent of global capacity — roughly 626,000 twentyfoot equivalent units in about 100 ships, at least 61 of which are chartered, not owned — but it accounts for eight percent of Trans-Pacific shipping. The bankruptcy comes in the midst of the
Hanjin Bankruptcy Impacts Thousands of Workers
The Local Publication You Actually Read
Today’s roller derby bouts bear little resemblance to 1970s films like Kansas City Bombers or Unholy Rollers. That’s partly due to rule changes since that time. The other reason for it is the people the sport represents are more diverse than it was back then. Roller derby is a contact sport played by two five-member teams roller skating in the same direction around a track. It’s one of the few contact team sports in which a ball is not involved.
[See Hanjin page 3]
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