Port Manatee receives new corn shipment

July 6, 2013 

PALMETTO -- The 606-foot-long M/V Medi Segesta recently docked at Port Manatee to discharge more than 42,120 metric tons of corn from Argentina, imported to offset U.S. shortfalls, port officials said.

The corn will be used for animal feed, they said.

It was the third shipment of corn sent to the port since November 2012; the previous two shipments were imported from Brazil.

The corn is being off-loaded by clam bucket, deposited into hoppers and transported by truck to port warehouses or rail cars destined for Georgia and North Carolina via railroad lines operated by CSX Transportation.

"These corn shipments represent the flexibility our stevedores have in handling special commodities that are not handled at the port on a regular basis," said Port Manatee Executive Director Carlos Buqueras. "We are continuing to pursue special commodities on a global scale that will stimulate local hiring and generate economic growth in our region."

Stevedoring company Logistec USA, Inc. is handling the cargo discharge and terminal management at Port Manatee, and A.R. Savage & Son, Inc. is the shipping agent.

Commuter rail resumes service in San Francisco

OAKLAND, Calif. -- Commuter rail service has resumed in the San Francisco Bay Area after unions called off a strike and agreed to extend a labor contract for a month while bargaining continues.

The Bay Area Rapid Transit agency said 35 trains were put into service at 3 p.m. Friday.

Dozens of commuters were lined up awaiting the first trains at the West Oakland station after nearly five days without service due to the strike.

BART and its two largest labor unions agreed to an extension of the current contract. Both sides repeatedly said they were far apart in efforts to reach a new deal.

Dell slips on reports buyout offer won't be raised

NEW YORK -- Shares of Dell slid Friday on reports that founder Michael Dell and Silver Lake Partners don't plan to raise their $24.4 billion buyout offer for the company

Bloomberg, the Wall Street Journal, and other media organizations reported that there won't be an increase in the bid, as Michael Dell and Silver Lake believe the offer they made in February represents fair value for the company. The shares fell as investors became more concerned the offer won't go through.

Activist investor Carl Icahn, the company's second biggest shareholder, wants Dell to remain publicly traded and says the company should buy back $16 billion in stock to give shareholders a bigger return on their investment. Shareholders will vote on the buyout offer at the company's annual meeting on July 18.

Dell Inc., based in Round Rock, Texas, declined com

ment. The company's shares slid 28 cents, or 2.1 percent, to close at $13.03.

Bimini SuperFast ferry still stuck at Port Miami

The Bimini SuperFast will remain at Port Miami over the weekend.

Coast Guard inspections were ongoing Friday afternoon aboard the 32,000-ton cruise ferry. But Janet Espino-Young, chief of the agency's inspections division, said a major issue was still unresolved. Power has still not been able to transition correctly to backup systems, she told the Miami Herald.

Genting, which owns the vessel, had hoped to shuttle crowds to Bimini on June 28 for an introductory sailing, but the ship failed to meet Coast Guard requirements. Once the ship is cleared to carry passengers, it plans to sail twice a day -- with amenities including two casinos and several restaurants and bars -- to Genting's Resorts World Bimini.

A spokeswoman for Genting said the Malaysian casino company is continuing to work with the Coast Guard; an update is expected Monday.

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