Buenos Aires - Argentina, a major grains exporter, is set for further abundant rains in the coming days and a likely near-average month of precipitation ahead, weather experts said, which should cap recent crop losses from an extended drought since December. The long spell of dry weather, brought to end by rains arriving earlier this week, had led the Rosario grains exchange to slash its forecasts for corn and soy harvests
Singapore - China reported the first imports of Iranian crude oil in a year despite ongoing sanctions by the United States government, according to data released by customs on Thursday. China brought in 260,312 tonnes of Iranian crude oil in December, according to data from the General Administration of Chinese Customs
Russia's Gazprom has rejected Moldova's request to reschedule its January gas payment, forcing the country to introduce a state of emergency in its energy sector, the government said on Wednesday
Ankara - The United States has pulled its support for a subsea pipeline that would supply natural gas from the eastern Mediterrean to Europe because it makes no economic sense, Turkish President Tayyip Erdogan was cited as saying on Tuesday
The eruption caused flooding across portions of coastal Alaska and California n the United States
Beijing - Afghanistan's ambassador to China, Javid Ahmad Qaem, left his post earlier in January after months without pay from Kabul following the Taliban's seizure of power, he said on Twitter. Qaem said that many diplomats at the embassy had already left
Libreville - Gabon's oil workers' union and water and electricity workers' union began a general strike on Tuesday in protest against COVID- 19 restrictions and the cost of PCR tests, they said: "We hereby inform you of the launch of an unlimited general strike which will cover all companies in oil and related activities, water and electricity sectors throughout the national territory," said a statement signed by the striking trade unions
Almaty - Kazakh President Kassym-Jomart Tokayev ordered his government on Tuesday to extract greater tax revenue from the mining sector which he said was profiting from higher metals prices. Kazakhstan has just weathered the worst bout of unrest since it gained independence
Bamako - Airlines from neighbouring countries and former colonial ruler France cancelled flights to Mali on Monday, helping isolate a military junta under regional sanctions for trying to extend its hold on power
Jakarta - Indonesia's state utility secured an extra 7.5 million tonnes of coal supplies on Tuesday, helping to avert power outages, boost stocks and increase the chances of the government lifting its export ban soon
The alliance has accused the Houthis of attacking shipping in the Red Sea, one of the world’s busiest maritime lanes leading to the Suez Canal
The IMO said concrete progress was made in 2021 on combating climate change including new regulations to improve the energy efficiency of the world fleet, adding that it would "work very hard" next year on the development of a revised GHG strategy, which will be finalised in 2023.
Oil exports, Iran’s main revenue source, have plunged under the U.S. sanctions. Tehran does not disclose data, but assessments based on shipping and other sources suggest a fall from about 2.8 million barrels per day (bpd) in 2018 to as low as 200,000 bpd.
As far as time charter contracts are concerned, on average, in the case of Capesize vessels at about $37,630/day and in the case of Panamax vessels at about $32,600/day.
Copenhagen - Shipping giant Maersk is undertaking what may be one of the first retrofits and testing of a heath recovery power system aboard one of its containerships in collaboration with a Swedish technology company Climeon that is developing heat recovery systems for marine and other applications. The demonstration project is one of the techniques Maersk is exploring as it seeks to take a leadership role in developing new technologies to improve efficiency
“I’m very happy and glad to see what we have managed in Egypt, together our partner Hany H Rashid. Thanks to the engagement and determination of both sides, we have created an efficient system able to deal with professionality all issues related to the container’ logistics”
The Commission proposal for the extension of the application of the ETS Directive to the maritime transport sector
Genova - The European Commission presented the so-called "Fit for 55" package in July of this year. The package includes a series of proposals and initiatives aimed at ensuring that EU policies are in line with the objective of reducing emissions into the atmosphere by at least 55% set by the EU for 2030, with the ultimate aim of pursuing climate neutrality by 2050
Windoek - As the country's farmers increasingly diversify their activities, the Namibia Charcoal Association (NCA) last week met representatives of some shipping lines to resolve the challenge of handling charcoal shipping containers. According to the latest issue of the Namibia Agricultural Union newsletter, the situation where charcoal is treated as dangerous material with its containers restricted to a specific area on ships, is expected to improve next year
Bamako - Mali has indefinitely suspended exports of rice, maize and other grains to protect its food supply as the United Nations warned of worsening hunger in West Africa, the minister of trade and industry said on Tuesday
Dubai - The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to better align its economy with global markets, but private companies will be free to choose their own working week. The oil-producing Gulf state, the region's commercial, trade and tourism hub, currently has a Friday-Saturday weekend
Beirut - Lebanon's information minister resigned on Friday saying he was putting the nation before his personal interest as he sought to end a diplomatic spat with Saudi Arabia sparked by his comments. George Kordahi said he had quit before the French president visited Riyadh in the hope Emmanuel Macron would help ease the crisis sparked by the Lebanese TV host-turned-politican's critical remarks about Saudi Arabia's role in the Yemen war
Moscow - Belarus said it would retaliate after the United States and its allies imposed sanctions against dozens of individuals and entities there, and it complained that its economy was facing unprecedented external pressure
Beijing - China's industry ministry on Friday unveiled a five-year plan aimed at the green development of its industrial sectors, vowing to lower carbon emissions and pollutants and to promote emerging industries so as to meet a carbon peak commitment by 2030. The world's top greenhouse gas emitter is aiming to bring its carbon emissions to a peak by 2030 and become carbon-neutral by 2060
Tokyo Electric Power Co (Tepco) will launch remedial works at the stricken Fukushima Daiichi nuclear plant to strengthen an ice wall intended to halt the flow of groundwater after testing indicated partial melting. The work could begin as early as the start of December, according to a presentation from the plant operator dated Thursday, part of a costly and troubled effort to secure the site following the 2011 earthquake and tsunami
Moscow - Russia has agreed to continue selling Serbia gas at the current price of $270 per 1,000 cubic metres over the next six months, TASS news agency quoted Serbian President Aleksandar Vucic as saying on Thursday after he met with President Vladimir Putin. Vucic asked Russia last month for "favourable“" gas prices
Bari - Mayors in Italy's poor south should be relishing the prospect of billions of euros from the European Union's pandemic recovery fund, but a lack of project management expertise could mean they are unable to take full advantage of the scheme
Beijing - China will look into methane emissions in key industries, including coal mining, agriculture and petroleum, and publish a nationwide methane emission control action plan, the environment ministry said on Thursday
Nairobi - Deep in Kenya's Great Rift Valley, members of the National Youth Service tirelessly swing machetes to clear dense shrubs obscuring railway tracks more than a century old. It's a distinctly low-tech phase for China's Belt and Road drive in Africa to create the trade highways of the future
Kinshasa - Democratic Republic of Congo President Felix Tshisekedi has demanded a ban on issuing and trading mining permits until the country's mining registry has been audited, a measure aimed at combating fraud within the sector
Brussels - A feed additive that reduces emissions of potent greenhouse gas methane from cattle could be the first of its kind to come to market in Europe after receiving a positive assessment on Friday from the European Food Safety Authority (EFSA)
Paris - France said on Friday it was still waiting for Britain to issue 150 more fishing licences to French vessels in a post-Brexit row that has strained British-French relations, and that it would "fight every day" to obtain them
Tokyo - Japan unveiled a record $490 billion spending package on Friday to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding strains to its already tattered finances
Manila - The Philippines on Thursday condemned "in strongest terms" the actions of three Chinese coast guard vessels that it said blocked and used water cannon on resupply boats headed towards a Philippine-occupied atoll in the South China Sea
Singapore - Governments from some of the world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices
Berlin - Polish Prime Minister Mateusz Morawiecki said on Thursday Germany should stop the Nord Stream 2 gas pipeline from Russia to Europe if it wants to work for peace, linking the project to his country's handling of migrants on the Belarus border
Dubai - Saudi Arabia could have a credibility problem if it keeps shifting the goal posts for the amount of foreign investment it wants to turn its vision of a future beyond oil into a reality, financial sources and analysts said. Five years since Crown Prince Mohammed bin Salman launched Vision 2030 to end the kingdom's dependence on fossil fuels
Buenos Aires - Argentina's Peronist ruling coalition is teetering on the brink of political crisis, with President Alberto Fernandez facing a fight for control after voters abandoned his center-left party in bruising midterm elections, sapping his power in Congress
Abu Dhabi - Energy producers gathered in Abu Dhabi following the Cop26 U.N. climate talks called on Monday for greater inclusivity that would see more investment in hydrocarbons for energy security as they work to reduce emissions while developing their economies
Dubai - UAE Energy Minister Suhail al-Mazrouei said on Monday that all indications point to an oil supply surplus in the first quarter of 2022 and he expected OPEC+ would likely stick to current production policy when it next meets in early December. OPEC and its allies agreed earlier this month to stick with plans to raise oil output by 400,000 barrels per day (bpd) from December
Paris - EDF said on Friday it would no longer cut off French retail customers' electricity supplies for unpaid bills, extending a winter truce introduced by the regulator amid rising energy costs. The state-owned French company said that instead of cutting off supplies it would reduce power levels to a guaranteed minimum level
London - Glencore has offered assurances over the restructuring of Chad's more than $1 billion commercial debt, paving the way for the International Monetary Fund to move forward on a lending program, sources familiar with the matter said on Thursday. The African country in January became the first country to request a restructuring of its external debt of $3 billion under a common framework agreed last year by China and other Group of 20 members
London - If any investor tells you they are sure of what happens next in macro markets, they are likely to be fibbing. Such is the confusion in policy and investment circles right now over the course of inflation, output, jobs, financial prices and central bank policy that the next three-six months is likely impossible to predict with any conviction
Officials are meeting government and private-sector leaders as they hunt for projects to be funded under the Build Back Better World (B3W) initiative launched by the G7 rich democracies in June
Moscow - Gas flows on the Yamal-Europe pipeline between Russia and Germany flowed eastbound for the third day running on Monday before stopping completely, data on German transmission company Gascade's website showed
By ASLA - Associazione degli Studi Legali Associati
Compared to 2015, the number of women employed on ships has increased by 45% to around 24,000, including 7,300 officers and 16,800 ratings. Still very few, less than 1.30% of the seagoing personnel, with a prevalent use in the cruise sector
"Last night we proved we can, on one big item, we delivered," he said of the bill, which includes tens of billions in investments in road, rail, public transport and broadband
Skou said the biggest problem preventing containers from leaving ports is a lack of labour, particularly drivers of heavy goods vehicles in the United States and Britain despite salaries having been raised "significantly".
The engine of the world economy desperately seeking a solution to its emissions: consumption of about 340 million tonnes per year of HFO equivalent, more than a billion tonnes of CO2 equivalent emissions, estimates of up to 400 thousand deaths and 16 million people ill every year due to air pollution
The Capesize market continued its assertive rally in past weeks reaching new highs in dramatic fashion. The Capesize 5TC recently touched the $53,240 level and never looked like taking a backward step as it earned in one week a staggering $8,069 up settling at $61,309
Cyprus's internationally-recognised Greek Cypriot government have issued licences for offshore oil and gas exploration, a move that Turkey says disregards the rights of the island's Turkish Cypriot community
Ricaurte Vasquez, the Panama Canal Authority's administrator, told reporters during a webcast news conference that 516.7 million tonnes of goods passed through the century-old waterway during the 2021 fiscal year, which ended in September.
Shanghai - Creditors of China's HNA Group have voted to approve the company's restructuring plan, according to a court comment posted on HNA's official WeChat page on Saturday. The court said the vote had been conducted in accordance with the country's bankruptcy laws
London - The COP26 climate conference in Glasgow ought to agree a definition for blue hydrogen to help producers trade it, the CEO of gas infrastructure group Snam said on Saturday: "At COP26 we need to define what blue hydrogen means"
This would be "the largest package of railroad works to ever happen in Greece," Karamanlis added
The rebound in economic activity across some parts of the world as coronavirus restrictions are eased has exposed shortages across supply chains, with companies scrambling to find workers, ships, and even fuel to power factories, threatening the recovery from the pandemic
Thursday's announcement coincided with the arrival in Boston of the U.S. Coast Guard Cutter Healy, named after the Bear's captain from 1886 until 1895, Michael “Hell Roaring Mike'' Healy
The incident came as Russia and China conducted joint naval drills in the area, and followed other dangerously close encounters involving Russian and Western warships.
Iran’s navy has extended its reach in recent years,dispatching vessels to the Indian Ocean and the Gulf of Aden to protect Iranian ships from Somali pirate attacks
The world's largest shipping firm, A.P. Moller-Maersk, suspended five employees as part of an investigation into an alleged sexual assault on one of its ships run by a U.S. subsidiary
Dockworkers remain available for 24-hour shifts to help clear the port backlogs, the longshore union said
Doha - Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand: "We are maxed out as far as we have given all our customers their due quantities," Qatar's energy minister Saad al- Kaabi said
Dubai - Qatar changed the name of its state-owned oil and gas firm to Qatar Energy from Qatar Petroleum to reflect what it said was a broader strategy but said it had no plans to sell assets to raise funds as other Gulf state producers have: "We have plenty of cash" Chief Executive Saad al-Kaabi said on Monday, indicating the Qatari firm would not follow in the footsteps of Gulf rivals which have sold assets
Beijing - The largest provincial economy in China's northeast rust belt on Monday warned of worsening power shortages despite government efforts to boost coal supply and manage electricity use in a post-pandemic energy crisis hitting multiple countries
Paris - A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that U.S. President Joe Biden said levelled the playing field
The relaunch of air transport, the lack of post-pandemic offering and the preclusive effects on the rights of frequent flyers
By ASLA - Associazione degli Studi Legali Associati
London - Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business, while industry groups called on Thursday for government action to ensure there is no supply interruption this winter
Targets for scope three emissions, which includes those from customers processing iron ore to steel, should be set "if not by the end of 2023, as soon as possible." T
London - The British government plans to sell a minority stake in a new nuclear power station to institutional investors or float it on the stock market, to remove China General Nuclear Power Group from the project. The state-owned Chinese company has a 20% stake in the proposed Sizewell C nuclear plant in Suffolk
Seoul - Samsung Electronics is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told that it is continuing due diligence in multiple locations, and that it has yet to make a decision. The factory will make advanced logic semiconductor chips and is likely to create about 1,800 jobs
Beijing - China's all-powerful economic planning agency waded into the country's power crunch on Wednesday, attempting to reassure residents and businesses in areas hardest hit by shortages that it has the coal use and supply situation under close watch
Hong Kong - Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank Co Ltd to a state-owned asset management company. Shengjing Bank, one of the main lenders to Evergrande, had demanded that all net proceeds from the disposal be used to settle the financial liabilities of the property developer due to the lender
The submarine deal is part of a three-way defence agreement announced by Washington, London and Canberra last month which infuriated France because Australia said it would cancel anexisting order for French diesel-powered submarines.
The deal marks "an audacious first step towards European strategic autonomy", Macron said at a signing ceremony with Greek Prime Minister Kyriakos Mitsotakis at the Elysee Palace.
Taipei - Taiwan threatened to take China to the World Trade Organization on Sunday after Beijing said it would suspend sugar apple and wax apple imports from the island on pest concerns, in the latest spat between the two over fruit. Relations between Taipei and Beijing, which claims democratically ruled Taiwan as its own territory, are at their lowest in decades, with China increasing political and military pressure to get the island to accept its sovereignty
Beijing - Cash-strapped developer China Evergrande Group has begun repaying investors in its wealth management products with real estate, a unit of its main Hengda Real Estate Group Co Ltd unit said. Evergrande, with over $300 billion in liabilities, is in the throes of a liquidity crisis that has left it racing to raise funds to pay its many lenders and suppliers
Kuala Lumpur - Malaysia on Saturday expressed concerns that Australia's plan to build nuclear-powered submarines under a new pact with Britain and the United States could catalyze a nuclear arms race in the Indo-Pacific region
Santiago - A union at Chile's Cerro Colorado copper mine in Chile has struck a collective contract deal with mine operators BHP after five days of government-led mediation, the company said on Saturday in a statement
Kyiv - A senior U.S. envoy said on Saturday he had delivered reassurances to Ukraine and Poland on mitigating any threat posed by Russia's Nord Stream 2 gas pipeline, but that the project was now a "reality"
Tripoli - Loading operations at the Libyan oil terminals of Es Sider and Ras Lanuf resumed on Friday after a stoppage, National Oil Corporation and two engineers at the ports said. Exports were still halted at a third terminal, Hariga, where people have blocked loading operations, an engineer there said. Libyan oil output has been over 1.3 million barrels per day for much of 2021
Moscow - Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, allowing Russia to potentially double lucrative gas exports to Europe via the Baltic Sea while bypassing and cutting off a source of income for political foe Ukraine
Una prima norma quadro potrebbe rientrare nel ddl concorrenza ma il lavoro è ancora da mettere a punto.
The Coast Guard has been conducting flyovers off the coast of Louisiana looking for spills. It is providing information to federal, state and local authorities responsible for cleaning the sites.
After the Queen Elizabeth carrier strike group returns, two war ships will continue the British presence in the region, as London looks for a bigger world presence following its departure from the European Union
By ASLA - Associazione degli Studi Legali Associati
The move follows a Saudi government decision earlier this year to stop giving state contracts to companies and commercial institutions that base their Middle East headquarters in anyother country in the region.
The tech giants sent a letter on Wednesday to the office ofthe new premier, Ismail Sabri Yaakob, to discuss Malaysia's cabotage policy, seeking the reinstatement of an exemption revoked last year under the previous government
By ASLA - Associazione degli Studi Legali Associati
By ASLA - Associazione degli Studi Legali Associati
Total compliance with the OPEC+ deal, including Mexico, reached 113% in June, the Iraqi oil ministry statement, citing Abdul Jabbar, said.
The government had said on Thursday it would send a medical team to address the outbreak on the vessel.
The outbreak on the South Korean destroyer with some 300 service members on board operating in the Gulf of Aden is another head ache for the administration of President MoonJae-in.
The protests erupted amid Cuba's worst economic crisis since the fall of the Soviet Union, its old ally, and a record surge in coronavirus infections.
The Hungarian government would like to acquire a majority stake in Budapest Airport again through negotiations with theowners, the Innovation and Technology Ministry told Reuters in a statement, adding it was "strategically important to have the airport in Hungarian hands again"
Montenegro, a member of the NATO military alliance and an aspirant to join the EU, is the highest-profile casualty of Chinese debt, Western officials say.
About 15% of world shipping traffic passes through the SuezCanal, the shortest shipping route between Europe and Asia. It is an important source of foreign currency for Egypt.
Indonesia, the region's hardest hit and most populous country, recorded more than 38,000 cases on Friday for a second successive day, six times the number a month earlier, in a week when its daily death toll as much as doubled from the start of July.
The EU has set itself a target of cutting net emissions by 55% by 2030 in an effort to limit global warming to well below 2 degrees Celsius above pre-industrial levels, as set out in the landmark 2015 Paris Agreement.
London - Wind and solar power capacity expanded rapidly in 2020 while global energy demand cratered because of the pandemic, yet this did not yet reflect a "decisive shift" towards meeting U.N.-backed climate goals
Johannesburg - South Africa's mines recorded 32 deaths in the first half of 2021 compared with 24 during the same period in 2020, the mines ministry said on Thursday, continuing a spike in deaths which began last year in some of the world's deepest mines