Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Trump wants coal to power AI data centers – the tech industry is wary

May 17, 2025

Japan’s TDK accelerates launch of next-generation battery

May 17, 2025

Maxus tests bidirectional charging and plans market launch

May 17, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Submarine designers in Connecticut say they’ll strike on May 18 if contract deal isn’t reached
Labor Strikes & Protest Movements

Submarine designers in Connecticut say they’ll strike on May 18 if contract deal isn’t reached

omc_adminBy omc_adminMay 1, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


GROTON, Conn. (AP) — About 2,500 workers at Electric Boat shipyard in Connecticut plan to strike on May 18 if a tentative contract agreement is not reached with the submarine builder, the union president announced during a rally Thursday.

About 300 union members cheered the announcement made by Bill Louis, president of the Marine Draftsmen’s Association-United Auto Workers of America, Local 571, The Day of New London newspaper reported.

“We’re officially putting the company on notice that if we don’t have an agreement at 11:59 p.m., we strike at midnight May 18,” Louis told the union members, most of whom are essentially responsible for designing the U.S. Navy’s nuclear submarine fleet.

A message was left seeking comment with an EB spokesperson in Groton.

The looming strike comes as a day after the U.S. Navy awarded EB’s parent company, General Dynamics, a contract worth more than $12.4 billion for the construction of two Virginia class submarines authorized during last fiscal year. The funding also covers improved worker pay.

More than two-thirds of the union membership voted last month to authorize a strike if a deal couldn’t be reached on a new contract.

The union’s contract expired on April 4, but leadership has agreed to continue bargaining with EB. They’ve demanded higher wages over four years, the restoration of pension benefits for all members, cost of living adjustments and profit sharing with General Dynamics, EB’s parent company, among other changes.

“The clock has run out on corporate greed,” UAW President Shawn Fain told members during a rally last month. “And I’ll tell you, this is a new UAW where the membership comes first and we refuse to aim low and settle lower.”

EB’s earlier now-expired offer had included a 23.3% general wage increase over the life of the contract, plus benefits and an increased retirement package.

The company has acknowledged it has been “actively preparing a business continuity plan in the event of a work stoppage,” adding it will “not waver from our commitment to continue building submarines, the nation’s top national security priority.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Talks aimed at ending New Jersey Transit rail strike to resume Saturday, railroad CEO says

May 17, 2025

Federal judge strikes down workplace protections for transgender workers

May 16, 2025

New Jersey Transit strike disrupts travel

May 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views

Permian Basin growth fuels ExxonMobil’s quarterly success – Oil & Gas 360

May 2, 20251 Views

IOCL targets $1 trillion revenue by 2047, to enter data centres, nuclear power, battery and mining sectors, ET EnergyWorld

May 17, 20250 Views
Don't Miss

EOG Resources awarded exploration concession for onshore UAE shale basin

By omc_adminMay 16, 2025

EOG Resources, Inc. (EOG) today announced that the company was awarded a new oil…

Halliburton, Rhino Resources deliver two wells in Orange Basin, offshore Namibia

May 16, 2025

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

May 16, 2025

BlackRock’s New ESG Utilities ETF Targets 30% Emissions Cut

May 16, 2025
Top Trending

Top winemaker ‘may have to leave its Spanish vineyards due to climate crisis’ | Food & drink industry

By omc_adminMay 17, 2025

TrusTrace Launches AI-Powered Supply Chain Sustainability Traceability Platform

By omc_adminMay 16, 2025

California Plans $60 Billion Carbon Cap-and-Invest Program Despite Pressure from Trump

By omc_adminMay 16, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Nvidia Products: What to Know About Data Center GPUs and Consumer Tech

May 17, 20250 Views
Our Picks

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

May 16, 2025

UNSC Convenes Behind Closed Doors Over Pahalgam Attack: Diplomacy at Crossroads Amid Indo-Pak Tensions

May 16, 2025

Phillips 66 Sells Majority Stake in German, Austrian Retail Unit

May 16, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.