Asia

South Korea's Major Feedmill Group (MFG) bought an approximated 67,000 metric lots of animal feed corn in a private deal on Thursday without releasing an worldwide tender, European traders said. One consignment was bought at an estimated $246.99 a heap expense and freight (c&& f), also including an additional charge for extra port discharging. The purchase was expected to be sourced just from South America with an additional rate surcharge of about $10 a load for high South American quality. The seller was thought to be trading home CJ International, with arrival in South Korea around April 5 and shipment...

Englishman Marco Penge has been suspended by the Europebased DP World Trip after a disciplinary panel found he put bets on numerous golf events, the circuit stated on Wednesday. The DP World Trip stated Penge, 26, did not bank on himself or during tournament days when he was contending, leading the panel to identify that the stability of such occasions had actually not been compromised. World number 414 Penge was given a three-month ban that took effect on Dec. 13, although one month has been suspended for a year pending more breaches of the tour's integrity program. Penge was also...

Spilled oil has actually cleaned up along tens of kilometres of the Russian Black Sea coast after 2 tankers were badly harmed in a storm at the weekend, a. local governor said on Tuesday. Veniamin Kondratyev, the governor of Russia's southern. Krasnodar area, said on his Telegram channel that fuel oil had. been discovered along the coast from the districts of Temryuk to. Anapa. Today, while keeping track of the shoreline, discolorations of. fuel oil were found. Oil products washed ashore for several. tens of kilometres, he said. The Volgoneft 212 tanker split in half on Sunday in the. Kerch...

Finland will change one of its 8 existing icebreakers with a brand-new vessel to protect open routes in the Baltic Sea all year, the Finnish federal government said on Monday. The statement followed the signing of an ICE Pact last month, a deal in between the United States, Canada and Finland to collectively advance their Arctic and polar icebreaker advancement in order to counter Russia and China in increasingly tactical polar regions. Navigable maritime routes are essential for Finland's foreign trade, with stats revealing some 96% of its imports and exports being shipped through the Baltic Sea, the security of...

Russian authorities sought to restrict the damage on Monday from oil spilled into the Kerch Strait by two ageing tankers that were damaged throughout a heavy weekend storm, highlighting the environmental and insurance risks of Russia's 'shadow fleet'. One crew member was eliminated after the Volgoneft 212 split in half, with 12 rescued, while authorities said all 14 team aboard the Volgoneft 239, which ran aground 80 metres from the coast near the port of Taman, were likewise saved. The more than 50-year-old ships were bring some 9,200 metric tons (62,000 barrels) of oil products in total, Russian news company...

India will supply liquefied gas to Sri Lankan power plants, and work to connect the power grids between the two countries. It will also lay a pipeline for petroleum between the neighbours. Modi spoke at a press conference in New Delhi with Sri Lankan president Anura Kumara Dsanayake. Dissanayake makes his first visit to Sri Lanka after winning the presidential election in September. He also won a landslide victory at parliamentary elections last month. Petronet LNG, a state-run Indian firm, has signed a five-year deal with LTL Holdings to supply its power plants in Colombo through its terminal located in...

The following are the leading stories on business pages of British newspapers. Reuters has not validated these stories and does not vouch for their precision. The Times - Newcastle airport is preparing to offer 49% shareholding owned by Infrabridge for as much as 1 billion pounds ($ 1.26. billion) and Saudi financiers are tipped as the front-running. bidders. - Tata Steel has struck its first green steel. deal with construction equipment producer J.C. Bamford. Excavators as it pushes ahead with the decommissioning of its. blast heaters. The Guardian - Britain has actually revealed 50 million pounds ($ 63.11 million). of...

Shaun Norris of South Africa won the Alfred Dunhill Golf Champion at Leopard Creek Nation Club on Sunday after a finalround 67 provided him a 13underpar overall of 275 and a oneshot victory. It was a second win in the DP World Trip for the 42-year-old, who started with an eagle at the 2nd and got rid of a double bogey on the seventh to take an early clubhouse lead. Norris started the day 6 off the lead but saw as his challengers fell short on the final holes. Englishman John Parry, Ryan van Velzen from South Africa and over...

The Federal Aviation Administration stated Friday it was transferring to streamline a key industrial space launch and reentry license obstacle, stating some flight security analyses in California, Florida, and Virginia please requirements. The FAA noted the business space industry typically cites conference flight security analysis requirements as a difficulty before launches. The FAA said the change minimizes the quantity of material candidates must send, and improves FAA technical review performance. Business like SpaceX have grumbled about hold-ups getting FAA launch licenses. This is a force multiplier in the production of quality flight safety analyses the FAA can readily accept, stated...

Russia introduced the country's. first ammonia sea terminal at the port of UstLuga on Friday,. intending to increase export capability amid Western sanctions. Previously, Russia exported ammonia utilizing the Baltic sea. ports and a pipeline which linked the Russian city of. Togliatti with the Ukrainian port of Odesa, however access to. western ports as well as to the pipeline, was cut off for. Russian suppliers by sanctions. The terminal was built by Russian fertiliser manufacturer. Eurochem, according to its 2023 monetary report. The launch of. the terminal was announced by a company called Port Alliance,. whose owners have actually not...

Sweden's Marcus Kinhult carded a 68 in his second round to open a threeshot lead at the middle of the DP World Tour's Alfred Dunhill Championship dipped into a blistering Leopard Creek Country Club on Friday. Kinhult, 28, sunk 7 birdies but also carded three bogeys as he moved to 11 under-par for the competition, opening some daytime in between himself and a trio of gamers on 8 under-par-- South African Dean Burmester (67 ), Dale Whitnell (67) from England and Italian Andrea Pavan (69 ). Kinhult is hunting a 2nd win on the European circuit, his first coming at...

According to sources, French shipping giant CMA CGM wants marine biofuel delivered in Singapore between January 2025 and December 2025. Sources said that the company was one of the largest lifters of marine fuel in Singapore and will be expanding its lifting period next year from a half-year to a full-year. The company is seeking to purchase a volume of between 35,000 and 50,000 metric tonnes of B24, a blend of conventional fuel and 24% biofuel derived from used cooking oil methyl ester (UCOME). Sources added that the tender will close on December 16. In order to achieve the International...

Officials said that helicopters and divers searched the waters near Mumbai, India's financial center, on Thursday to find survivors after a boat accident which killed 13 people, including three navy personnel, a day before. A speedboat from the navy lost control, colliding with a private vessel that was taking tourists to nearby Elephanta Caves. These caves are famous for their rock artwork. As a result of the collision, 114 people were saved from the capsized ferry. The municipal corporation announced on WhatsApp that 97 of the 114 people rescued were in stable condition, while four others were in critical conditions...

The United States released fresh sanctions on Wednesday on several Russiabased entities over their involvement in the Nord Stream 2 gas pipeline, the State Department said, consisting of brand-new measures versus the operator of the project. The U.S. State Department said in a declaration it was re-imposing sanctions on a variety of entities associated with the building of the pipeline that were already designated, as well as several brand-new owners of vessels already under sanctions. Among those targeted on Wednesday were Russia-based marine services and water transport entities, the state-owned maritime rescue service and over a lots vessels, the State...

Rates for flagship Russian Urals oil cargoes loading in January and early February for shipment to India held a little above the $60 per barrel Western cost cap, traders said and Reuters estimations showed. Softer shipping expenses on the primary export routes to Asia and steady rates in Indian ports offered assistance to Urals free-on-board (FOB) estimates, according to market sources. Under the cost cap, providers of Russian oil are just able to use Western services such as shipping and insurance if Russian crude trades listed below $60 per barrel. Urals oil freights filling at Primorsk on the Baltic Sea...

Slovakia's main gas purchaser SPP stated on Tuesday it and other groups from Hungary, Austria and Italy had signed a statement in support of ongoing natural gas transit through Ukraine. The declaration that we have actually prepared in SPP is meant to support the continuation of gas transit through the territory of Ukraine and the conservation of its gas infrastructure, since it is the most useful service not only for gas consumers in Europe, however likewise for Ukraine itself, SPP president Vojtech Ferencz stated in a declaration. Slovakia and other nations getting gas from Russia by means of pipelines in...

India has actually tightened restrictions focused on helping the public cope with contamination two times in 24 hr for New Delhi and its surrounding regions after a wear and tear in air quality. The most recent suggestions for Tuesday were issued late Monday after the air quality index (AQI) reading rose above 400 on a scale of 0 to 500, turning 'severe'. That triggered an emergency conference of the federal government body entrusted with managing pollution. Previously on Monday, the suggestions for hybrid classes - both online and in-person - were restricted to classes up to grade 5 but were...

The Federal Aviation Administration stated on Monday it has actually completed guidelines needing aviationrepair stations in foreign nations to conduct drug and alcohol screening for workers performing safetysensitive upkeep functions for U.S. airline companies. The guideline, which needs compliance by December 2027, will impact about 977 repair work stations in 65 countries, the FAA said. The firm said foreign governments or repair stations can obtain a waiver based upon existing testing and requirements. This rule will guarantee these workers are held to the equivalent high level of security requirements, regardless of where they are physically situated, stated FAA Administrator Mike...

Rome's Jewish community revealed discouragement on Friday after two unions called an across the country strike to protest versus Italy's support for the genocidal Israeli federal government amongst other problems. Friday's strike by the USB and Cobas unions has primarily hit public transportation and is because of last 24 hours. Ours is a strike against the war economy and thus also against our federal government's support for the Israeli state, a. representative for the USB union told Reuters. Along with a need for greater wages and a shorter working. week, a lengthy strike manifesto published online singled out. Israel in...

Mexico's Senate on Thursday authorized reforms to enhance conditions for chauffeurs with ridehailing and shipment services such as DiDi, Rappi and Uber, ensuring access to social security and a. Christmas reward, to name a few advantages. The reform passed all with 113 votes in favor, and. will be forwarded to the executive power to get enacted. President Claudia Sheinbaum had actually sent out the proposition to. lawmakers in early December and it was fast-tracked to a plenary. vote ahead of Congress' Christmas recess on Dec. 15. Mexico's judgment Morena celebration and its allies, which won a. landslide success in the...

Russia said on Wednesday that Ukraine had struck a military airfield on the Azov Sea with 6 U.S.-made ATACMS ballistic rockets, a relocation that could trigger Moscow to launch another speculative intermediate-range hypersonic rocket at Ukraine. Russia's defence ministry said 2 of the rockets fired by Ukraine were shot down by a Pantsir rocket defence system and the rest were destroyed by electronic warfare. On the early morning of December 11, 2024, the Kyiv program launched a rocket strike with Western accuracy weapons at the Taganrog military airfield in the Rostov region, the defence ministry stated. This attack by Western...

Mexico's lower house on Tuesday authorized a reform that seeks to regulate labor conditions for shipment employees and motorists working for apps such as DiDi, Rappi and Uber by ensuring access to social security and a Christmas reward to name a few benefits. The reform passed in basic with 462 votes in favor, with no abstentions and no one voting against, following a two-hour argument. Today is a day that ought to go down in history, said ruling Morena celebration legislator Ariadna Barrera, saying the reform would advantage hundreds of thousands of employees and even more the celebration's. efforts to...

Canada plans to work more closely with the United States in the Arctic to ensure local security in the face of an increasingly aggressive Russia, Ottawa said on Friday. As part of a renewed method, Canada will appoint an Arctic ambassador and open brand-new consulates in Anchorage, Alaska and Nuuk, Greenland. Canada's Arctic covers more than 4.4 million square km and is nearly deserted, conserve for a couple of neighborhoods and ports. Less than 16% of the waters have been properly surveyed. The 37-page technique file points out Russian aggressiveness, Chinese aspirations in the region in addition to the effects...

Countless people got away the central Syrian city of Homs over night and into Friday early morning, a war display and homeowners said, as rebel forces looked for to press their lightning offensive against federal government forces further south. They have currently caught the crucial cities of Aleppo in the north and Hama in the center, dealing successive ravaging blows to President Bashar al-Assad, almost 14 years after demonstrations versus him appeared across Syria. The Syrian Observatory for Human Rights, a UK-based war display, stated thousands of people had actually begun getting away on Thursday night towards Syria's western seaside...