FINANCIAL REVIEW
Shell to shut LNG vessel after workers reject $30,000 a year pay rise
David Marin-Guzman and Angela Macdonald-Smith: July 11. 2022
Shell will completely shut down its Prelude floating LNG vessel within days in response to unions escalating industrial action over pay, threatening further disruption of the global gas market.
The Offshore Alliance, made up of 150 union members earning more than $200,000 a year, informed Shell at the weekend that workers intended to ban mooring tankers alongside the vessel as part of their protected action this week.