* Blockade by OSX shipyard workers led to wider LLX protest
* Workers complained of late salary payment, lack of
* Contractor says expects normal work day tomorrow
RIO DE JANEIRO, April 3 Workers ended a two-day
strike at the OSX Brasil SA shipyard at Brazil's Port
of Acu on Wednesday after securing an agreement with a
contractor -- a relief to billionaire Eike Batista after a
string of troubles for his energy and logistics empire.
The blockade led to a stoppage by nearly all of the 8,500
workers at the giant port complex, union officials said. The
workers said contractor Acciona failed to pay wages and provided
The port is owned by Batista-controlled LLX Logistica SA
. Acciona is one of the main contractors building the
OSX shipyard, also controlled by Batista.
"The strike is over, after tough negotiations we found
common ground," Acciona spokesman Leandro Costa said.
"Tomorrow should be a normal day."
Nearly 150 companies are managing construction projects at
Acu, a complex about 1.5 times the size of New York's Manhattan
Island. The shipyard is about the size of Manhattan's Central
The Civil Construction Union of North and Northeast Rio de
Janeiro State had complained Acciona was behind on pay, had
denied overtime wages, was violating rules on job categories and
was denying leave to workers. Some of the workers had been
unable to visit their families for as much as eight months, said
union president Jose Carlos da Silva Eualalio.
The strike comes on the heels of other problems for Batista.
On Wednesday Standard & Poor's Rating Services lowered its
credit rating for OGX Petroleo E Gas Participacoes
to B- from B, citing lower-than-expected output.
His Grupo EBX, a Rio de Janeiro-based oil, electricity,
mining, shipbuilding, port and real estate group, has lost more
than 70 percent in market value in the past year.
The losses cut about $20 billion off the value of Batista's
fortune and lost him the title of Brazil's richest man. The
share declines came after oil wells failed to produce as much as
expected and mining, port and electricity projects slipped
The companies' debts also mounted, raising concern that
Batista would run out of capital before projects became