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Update: Curacao to auction off PDVSA s petroleum inventories from storage on June 11

New cabinet wants more flexible labor market

New cabinet wants more flexible labor market WILLEMSTAD - The forthcoming Pisas cabinet is in favor of a labor market that works more flexibly. According to the parties, no economic growth has taken place in Curaçao for years. In addition, the population has not grown either. The new government wants to grow the population based on a demand created by investment and expansion of economic activities. That is stated in the coalition agreement. The new coalition does not envisage a labor market where the employee hardly has any rights. But MFK and PNP do want a labor market with fewer restrictions regarding labor mobilization.

Update: Mercuria breathes life into Bullen Bay oil storage

Update: Mercuria breathes life into Bullen Bay oil storage WILLEMSTAD - Trading company Mercuria started using oil storage at the Bullen Bay terminal in Curaçao under a previously undisclosed short-term lease signed in December. The Liberia-flagged Largo Sun delivered a first cargo to the terminal last week, breathing life into the long-dormant terminal. The medium-range tanker departed from Bullen Bay on 17 April after discharging around 318,000 bl of diesel and is currently en route to Galveston, Texas, according to vessel tracking services. Curaçao state-owned RdK, which controls the assets, signed the six-month lease with Mercuria Energy Trading on 15 December, RdK indicated.

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