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World's biggest iron ore port faces strike, A$100m daily loss

Deckhands paid like NY bankers threaten stoppages while union talks go on

[MELBOURNE] Tugboat crews, including deckhands paid more than some New York bankers, are threatening to disrupt shipments from the world's biggest iron ore port as they negotiate for increased wages and improved conditions. Australian iron ore miners may collectively lose about A$100 million (S$