Malta Freeport Terminals and the Malta Dockers Union have just signed an 11-year agreement that will provide stability for licensed port workers as well as for the company that runs the international transshipment hub in Birżebbuġa.

The Service Level Agreement, which expires in 2032, is geared to enable the Freeport to adapt to the commercial and operational realities in the maritime sector, which has been going through a period of transformation and adapting to new challenges, especially due to the COVID-19 pandemic.

Through this agreement, new measures will be introduced that will lead to increased efficiency and productivity, while providing stability for both sides. It further builds on the previous agreement, which expired in May 2020, and establishes increases that will be scaled over the next 11 years.

Freeport CEO Alex Montebello said this agreement continues to build on the existing good relations with the MDU, which helped forge the way forward at a time when the world was facing stiff competition and huge economic challenges.

Both Mr Montebello and MDU president Ryan Fava agreed that the mature negotiations led to one common goal — an agreement that creates the right conditions for licensed workers and greater efficiency for the Freeport.

Related

PIN-UP Global will present new solutions and career opportunities at SiGMA Europe

November 8, 2024
by BN Writer

The company aims to build partnerships, promote products, and showcase PIN-UP.INVESTMENTS

GRDA calls for planning protection to be extended to terraced houses in Gozo’s housing estates

November 8, 2024
by Anthea Cachia

11% of the entire stock of terraced houses in Gozo forms part of the 1970s Home Ownership Scheme

Companies to Watch: AMO set to revolutionise construction training in Malta

November 7, 2024
by Sarah Muscat Azzopardi

In Malta's rapidly evolving construction sector, Advanced Management Options is transforming how workers are trained and integrated into the industry.