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Canada Post and union reach agreement in principle to end lockouts and strikes
After more than two years, Canada Post and the union that represents thousands of mail carriers have reached an agreement in principle. This has halted all lockouts and strike actions. On September 25, more than 55,000 workers from the Canadian Postal Service walked out of their jobs after the government demanded that the company undergo a major transformation in order to improve its finances and modernize its operations. Postal service struggles as letter volume drops and private sector competition increases for parcel shipping. Canada Post, the nation's main postal service, said via email that tentative collective agreements have not yet been finalized by Canada Post and the Canadian Union of Postal Workers. The union stated that "Both parties have agreed on major points of the agreements, but we must agree on the contract language that will be used to form the collective agreement that members would vote on," CUPW said it would retain its right to strike until new agreements were ratified. (Reporting and editing by Chris Reese in Bengaluru, Mrinmay dey from Bengaluru)
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US warns airlines about potential dangers when flying over Venezuela
The U.S. Federal Aviation Administration on Friday warned major airlines of a "potentially dangerous situation" while flying over Venezuela, and encouraged them to exercise caution. The FAA's notice noted the "worsening situation in security and increased military activity around Venezuela", and warned that threats at any altitude could be dangerous to aircraft. In recent months there has been an enormous American military buildup, including the largest aircraft carrier of the U.S. Navy, as well as at least eight warships and F-35 planes. The Trump administration has bombed boats that were allegedly transporting drugs and had left the shores of Venezuela or other Latin American countries. Since 2019, direct flights from the United States to Venezuela for passengers or cargo have been suspended. However, some U.S. carriers fly over Venezuela on some South American flights. American Airlines announced on Friday that they had stopped flying over Venezuela since October. Delta Air Lines, United Airlines and other airlines did not respond immediately to comments. The order did not prohibit flights over the country. Since September, the FAA has reported an increase in Global Navigation Satellite System (GNSS) interference in Venezuela. This can cause lingering effects on a flight and is also associated with "activity related to increasing Venezuela's military readiness". The FAA stated that Venezuela had conducted multiple military drills and mobilized thousands of reserve and military forces. It added that Venezuela never expressed any intention to target civil aviation. The agency stated that the Venezuelan military had advanced fighter aircraft, multiple weapons systems capable or exceeding civil aircraft operational altitudes and there was a potential low-altitude threat from anti-aircraft and air defense artillery. The FAA will continue to monitor risk for U.S. Civil Aviation operating in the area.
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US lawmakers urge enforcement of Biden wheelchair airline travel rules
On Friday, a group of U.S. House members called on the Trump Administration to enforce key provisions in a rule that was issued by former president Joe Biden's government and which requires new consumer protections when disabled passengers use wheelchairs. The letter was signed by 14 Democrats from the House Transportation and Infrastructure Committee, including Greg Stanton and Rick Larsen. Airlines for America, a trade association of United Airlines, Delta Air Lines and Southwest Airlines, as well as JetBlue Airways, filed a lawsuit in February against the rule that sets stricter standards for accommodating wheelchair-bound passengers. In September, the U.S. Transportation Department announced that it would not enforce certain provisions until a review was completed. This included one requiring airlines to be liable for wheelchairs mishandled. A second requirement was for airlines to reimburse wheelchair users the difference in fare between the flight they took and the one that would have been charged if the wheelchair had fit into the cargo or cabin of another aircraft. USDOT and the airline did not immediately respond to our request for comment. When they check wheelchairs or scooters, carriers must also notify passengers in writing about their rights and reimburse them for any damage caused to the wheelchairs. USDOT reported that 5.5 million Americans used a wheelchair last year. For every 100 wheelchairs and scooters transported by domestic flights, at least one of them is damaged, lost, or delayed. In October 2024 the USDOT fined American Airlines $50 million, a record amount, for its treatment towards disabled passengers. This included failing to provide adequate assistance to some and mishandling of wheelchairs. USDOT retracted a Biden proposal last week to require airlines pay cash compensation to passengers when carriers cause flight disruptions in the United States.
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India's weak demand for Urals oil leads to a widening of discounts on the oil
Sources say that the differentials between Russian Urals crude and other grades are under pressure due to the weakening value of the grade in India's ports. Three sources in the oil trade reported that discounts for Russian Urals crude have tripled in Indian ports since August compared to Brent dated as U.S. sanction drive key buyers from Moscow-supplied fuel. According to traders, the December Urals cargoes are currently trading at a discount of $5-$6 per barrel compared to Brent. This is about three times greater than the $1-2 seen in August. PLATTS WINDOW There were no bids or offers reported on the Platts Window for Urals CPC Blend, or Azeri BTC on Wednesday. Five sources have confirmed that U.S. sanctions will dismantle what is left of Litasco. Litasco was once Russia's largest oil trader, and a competitor to Swiss oil giants and top Swiss houses. (Reporting from ;)
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CMA CGM, the shipping giant, resumes Russia trade by bringing in food cargo
The company, CMA CGM of France, which is the third largest container shipping line in the world, said that it has resumed limited service to Russia. This includes transporting food. It did so three years after the company had withdrawn from Russia following the invasion of Ukraine. CMA CGM, like other Western companies, ceased its activities in Russia. It stopped its shipping services, and divested its stakes in port terminals. CMA CGM stated in an email that the CNC subsidiary of the group has re-launched shipping foodstuffs to Russia, such as coffee and citrus fruits to meet customer demand. It said that the activity was very limited and strictly conducted in compliance with the sanctions regime. The French newspaper Ouest France reported that CMA CGM did not use its own fleet, but booked space on other vessels to transport its containers. CMA CGM has joined its Swiss rival MSC to ship cargo to Russia. MSC continued to ship humanitarian, medical and food items during the conflict in Ukraine.
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Chinese cruise ships avoid Japan amid diplomatic dispute
Sources and cruise schedules reviewed indicate that Chinese cruise operators are avoiding Japanese ports due to a diplomatic dispute between Beijing and Tokyo. This is expected to boost tourism to South Korea. The tensions sparked by the recent events have been cited by tour and port agents. You can also read our blog posts. Japan's new premier could lead to Chinese tourists being redirected from Japan to South Korea. Sanae Takaichi, Japan's new prime minister, told Japanese legislators earlier this month that a Chinese attack against Taiwan could lead to a military response. Adora Magic City is a Chinese cruise liner that visits the touristy island of Jeju in South Korea as well as Japan. According to an announcement posted on the website of South Korea’s Jeju Province, the ship has altered its December schedule to avoid the Japanese ports Fukuoka Sasebo, and Nagasaki, as originally planned. The notice stated that the cruise ship would spend between 31 and 57 hours at Jeju instead of its usual nine-hour schedule. Unofficially, a Jeju official said that the cruise operator asked for a schedule change without giving any reason. The official declined to identify himself as he wasn't authorised to talk to the media. It seems that they are working on a Plan B." Adora Cruises has not responded to a comment request. Japan is counting the costs of the diplomatic conflict. Tokyo-based East Japan International Travel Service said this week that it had lost 80% its bookings for remainder of year. Lee Yong Gun, CEO of South Korean port agent Eastern Shipping told reporters that other Chinese cruise ships were also in discussions to reroute. Lee stated that "if the China-Japan relations further deteriorate and China excludes Japan’s products, culture, and tourism, then I expect Korea to benefit from this." He said that the operator of the "Dream", which departs the Chinese city Tianjin wanted to avoid Japan by rerouting to a South Korean Port in Incheon, or Busan, over the next two weeks, but there wasn't enough time to do so, citing an earlier discussion with the operator. Tianjin Orient International Cruise Line which operates the ship did not reply to a comment request. Details about cruise ships skipping Japan to stay longer in Korea, or even considering it due to diplomatic disputes, have never been reported. According to Qunar, an online travel agency, South Korea was the most popular destination among Chinese tourists in terms of bookings of international flights over the weekend between November 15-16. Many Chinese airlines are offering refunds for routes to Japan. This is expected to increase air travel in South Korea. Jeju Air's executive said that the South Korean budget airline is expecting an increase in Chinese tourism, even though there has been no immediate impact. The chief executive of the South Korean tour agency that caters to Chinese tourists said on Wednesday he just received a request from a Chinese client who asked if an event originally scheduled for Japan in early next year could be relocated to South Korea. He said that "South Korea is clearly going to benefit from this dispute." He said that for the moment, they were in a waiting-and-seeing mode. South Korea welcomed more than half as many Chinese tourists in 2013 due to the territorial dispute between Beijing, Japan and some islands. The Chinese advisory against traveling to Japan has caused South Korean shares in travel-related companies this week to soar. Travel agency Yellow Balloon Tour has seen a 24% increase, and Shinsegae, a department store operator, has seen a 6% gain on the hope that Chinese tourists will switch to South Korea. Travel industry experts said that it may take some time for Chinese tourists to increase in South Korea. Kim Seol Yeong, a tour operator based in Jeju for Chinese cruise tourists, said that the diplomatic dispute had only occurred a few days earlier. It might take some time before we see an increase of Chinese tourists visiting Korea. Luna Wang, 34, from Hangzhou, China, had considered returning to Japan this year, but she may opt for South Korea now. "Now, it seems that Japan is no longer safe for Chinese to travel." She said, "I guess the only option that is good for me to travel to Korea is to go to Japan." The founder of Moment Travel, a Chinese company in Chengdu, noted a dramatic shift in perceptions regarding travel to Japan. Su Shu, the founder of Moment Travel in Chengdu, said that there is now a feeling that anyone who travels to Japan is a traitor. Reporting by Ju-Min Park in Seoul; Casey Hall in Shanghai; and Sophie Yu, in Beijing. Editing by Anne Marie Roantree, Thomas Derpinghaus, and Anne Marie Roantree.
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Lithuania Railway Company stops Lukoil shipments from Russia's Kaliningrad
Due to U.S. Sanctions, the Lithuanian state-owned railway group LTG announced on Friday that it would stop shipments of oil cargoes from Russia's Lukoil into the Russian exclave Kaliningrad. Kaliningrad, located on the Baltic Sea Coast, receives most of its supplies via rail transit via NATO member Lithuania. It can also receive direct shipments via ocean from its own nation. Last month, the U.S. Treasury’s Office of Foreign Assets Control imposed sanctions on Lukoil over the conflict in Ukraine. The OFAC also warned that foreign companies who do business with this Russian group would face consequences if they continued to do so after the November 21 deadline. LTG Group announced in a Friday statement that "cargoes of Lukoil or related companies, oil or petroleum products, will no longer be shipped by rail from Russia to Kaliningrad". The Kremlin said that Lukoil’s international interests must be respected. (Reporting and editing by Terje Solsvik, Andrius Sytas)
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Since August, the US sanctions have hit India, Russian Urals prices in India have tripled.
Three sources in the oil trade reported that discounts for Russian Urals crude have tripled in Indian ports since August compared to Brent dated as U.S. sanction drive key buyers from Moscow-supplied fuel. Last month, the United States imposed their toughest sanctions to date on Russia's oil sector. They targeted Lukoil & Rosneft. The deadline for companies is Friday to end all business with the two oil producers. Urals crude is a staple feedstock for Indian refiners, since 2023 when Moscow diverted flows to Asia following the European Union's ban on Russian energy. Traders said that supplies to India will fall dramatically as most refiners stop buying. Reliance Industries, India’s largest private refiner and India’s largest refinery, has stopped importing Russian crude to its Jamnagar facility in Gujarat as of November 20, according to a spokesperson for the company. RUSSIA OIL IMPORTS FROM WESTERN POINTS ARE NEAR OPTIMAL LEVELS Despite sanctions, Russia’s oil exports to western ports are still near their peak, thanks to OPEC+ production allowances, and refinery shutdowns caused by drone strikes in Ukraine. According to traders, the December Urals cargoes are currently trading at a discount of $5-$6 per barrel compared to Brent. This is about three times greater than the $1-2 seen in August. Prices for Russian oil delivered into Indian ports are usually set on a "delivered-ex-ship" basis. This means that the price does not include transport costs or other charges paid by the seller. Traders said that the price of Urals crude on board at Russian ports depends on the cargo and supplier. It is estimated to be around $20 per barrel. The majority of shipments are handled on "shadow fleets" linked to Russia, which allows Moscow to keep a portion of the differential in price. The freight rates are stable despite the sanctions against vessels. Aframax tankers carrying 700,000 barrels to Baltic ports cost around $7.5 million per one-way trip, while Suezmax trips are between $8 and $8.5 million, traders reported. They added that Russian oil shipments are still expensive but manageable, as there are enough ships available and Urals is trading below the EU's $60 barrel price limit. Conor Humphries (Reporting and Editing)
On the anniversary of a deadly roof collapse, Serbia witnesses tens of thousands of protests.
A year after the roof of a railway station collapsed, killing 16 people in Serbia's second largest city, tens of thousands protesters marched through the streets on Saturday. They were angry about alleged corruption as well as a perceived lack of accountability.
The anger at the lack of prosecutions for those responsible for the collapsed roof has shook President Aleksandar Vucic’s grip on power.
Witnesses said that protesters streamed in Novi Sad (a northern city), where the tragedy occurred, either by car, bus or foot. Some had walked long distances. One of Novi Sad’s main boulevards, which was crowded with people, was awash in protesters.
Many of the protesters were young. They observed 16 minutes silence, one for each victim. This began at 11:52 am (1052 GMT) when renovations to the roof led to its collapse on November 1, 2024.
The protesters wore white flowers, held large red hearts with the names of those who died in the train collapse and placed wreaths at the station.
The black-clad father of one victim, in tears, stared at the name of his daughter, amongst others, affixed to the perimeter fence of the station for hours.
No violence was reported, unlike during some summer protests when tear gas and stun grenades were used by riot police to disperse rallies.
"WE SAY THIS IS ENOUGH"
"This is an enormous tragedy for the Serbians." "We cannot bring them back, but we can feel their pain and say enough," said Sladjana BURMAZ, a 51 year old economist from Valjevo in central Serbia.
She said: "These people weren't killed by accident. Their deaths were caused by a bad system, poor politics... Justice would be served, if the responsible parties were held accountable."
Vucic published on Instagram a picture of himself holding a candle in a church at a ceremony to commemorate the victims of this disaster in Belgrade.
Vucic wrote: "Let their names serve as a reminder to all that the human life is more important than any divisions in society." He added that the government had declared Saturday a national day of mourning.
Students, academics, and leaders of the opposition are leading a protest movement that accuses Vucic, and his populist, nationalist party, of being responsible for corruption, poor public services, nepotism, and restrictions on media freedoms. They deny these accusations.
RAPPORT INDEPENDENT TO EUROPEAN PARLIAMENT
Last week, an independent commission made up of professors and judges as well as technical experts who investigated the tragedy reported its findings to the European Parliament. The report revealed that high-level corruption at the state level led to low construction standards and unqualified subcontractors being hired.
Such accusations have been denied by government officials. Vucic, as well as Parliament Speaker Ana Brnabic, recently said that the collapse of the roof could have been a terrorist act.
The prosecution has indicted senior officials of the state on charges that they endanger public safety. However, a court still needs to confirm this indictment. This prevents a trial. Reporting by Ivana Skularac, editing by Mark Heinrich
(source: Reuters)