Reuters

Reuters

Reuter's Logo

otilia51@example.com

Copyright Reuters

odes

U.S. Ends Aid for Port of Odessa Customs Reforms

By Reuters 2016-12-30 21:40:53

The U.S. Agency for International Development (USAID) has ended funding for a flagship customs reform project in Ukraine's Odessa region, as the government's ambitious plans to tackle bribe-taking at its Black Sea ports stalled. USAID and other institutions have supported Kiev's Western-backed government, which took power after the 2014 Maidan street protests, to fight endemic corruption and put an economy battered by an ongoing separatist war back on its feet. But the saga around Odessa customs underscored what critics of...

Continue Reading...
navy

Chilean Navy Investigates Videotaping Scandal

By Reuters 2016-12-30 18:42:20

Chilean authorities said on Thursday they are investigating allegations that female sailors were secretly videotaped in their quarters on a naval vessel and that those images were then shared via social media by other crew members. The Navy detained the sailors accused of secretly recording their female counterparts. It said "it roundly rejects these types of actions that insult our personnel and we reiterate our respect for the privacy of those that form part of the institution." Chile's Defense Minister...

Continue Reading...
file

China to Target Overcapacity in Shipping

By Reuters 2016-12-30 12:13:03

China will increase its targets for capacity cuts in steel and coal in 2017, while extending its campaign against overcapacity to industries such as cement, glass, electrolytic aluminum and shipping, a state-run newspaper said on Friday. China has vowed to restructure its vast industries to tackle inefficiency and cut capacity overhangs, promising early this year to close around 500 million tonnes of coal capacity and 100 to 150 million tonnes of steel capacity in three to five years. The world's...

Continue Reading...
od

Ukrainian Port Reformer Investigated for Corruption

By Reuters 2016-12-29 22:06:02

A young activist who became prominent in Ukraine's 2014 uprising and was later appointed to work on a major project to reform the corruption-plagued customs of Odessa is herself being investigated for corruption. Roman Nasirov, the head of Ukraine's Fiscal Service, which is spearheading the probe, told Reuters that he suspected 27-year-old Yulia Marushevska, who resigned last month, of undervaluing cargo and other violations that he didn't specify. He did not say whether other people besides Marushevska were being investigated....

Continue Reading...
raja

Sri Lanka's Former Leader Opposes Port Free Zone

By Reuters 2016-12-29 21:55:59

Sri Lanka's former leader Mahinda Rajapaksa on Thursday criticised a government plan to grant 15,000 acres for Chinese investment in his constituency, saying it will deprive people of agricultural land. Rajapaksa, chided by the West and India for his close relations with China during his rule, is now agitating against President Maithripala Sirisena government's moves to attract investment as he seeks to rally support under a new party. Despite his shock defeat in January 2015, Rajapaksa is still popular among...

Continue Reading...
Ust-Luga

Chairman of Russian Port Remanded in Custody

By Reuters 2016-12-29 14:15:36

A St Petersburg court has ordered the chairman of Russia's Baltic sea port of Ust-Luga to be held in custody until January 21 after his arrest on suspicion of fraud, a court official said on Thursday. Officers of the Russian Federal Security Service, or FSB, searched the port's offices in St Petersburg on Wednesday, Tatyana Pauk, spokeswoman for the Ust-Luga Management and Development Company, said. The port was operating as normal, she said. "We do not have any official information...

Continue Reading...
Liao

China Dismisses Reactions to its "Pretty" Warship

By Reuters 2016-12-29 12:11:24

If people want to come and look at China's first aircraft carrier, they are very welcome, the defence ministry said on Thursday, brushing off encounters with the Japanese military as the carrier passed close to Japan this week. The Soviet-built Liaoning, accompanied by several warships, this week traveled through the passage between the Japanese islands of Miyako and Okinawa and into the Pacific for what China has described as a routine exercise. Japan said one of its Maritime Self Defense...

Continue Reading...
Liaoning

China's Aircraft Carrier Goes Home

By Reuters 2016-12-28 17:56:57

China's sole aircraft carrier has arrived at a naval base on the southern Chinese province of Hainan, a senior Taiwanese military officer said on Wednesday, after drills that took it around self-ruled Taiwan, an island China claims as its own. Taiwan warned on Tuesday that "the threat of our enemies is growing day by day," as Chinese warships led by the carrier sailed towards Hainan through the disputed South China Sea. The Chinese drill comes amid renewed tension over Taiwan,...

Continue Reading...
nitc

Asian Imports of Iran's Oil Double Year-Over-Year

By Reuters 2016-12-28 12:32:28

Imports of crude oil by Iran's four major buyers in Asia in November more than doubled for a second straight month from a year ago, with purchases by India and South Korea more than four times higher. Iran's top four Asian buyers – China, India, South Korea and Japan – imported 1.94 million barrels per day (bpd) last month, up 117 percent on a year earlier, government and ship-tracking data showed. That was just short of the 2016 peak of 1.99...

Continue Reading...
Woody Island

China Begins Civil Flights to Paracels

By Reuters 2016-12-28 11:56:04

China has begun daily civilian charter flights to Woody Island in the disputed South China Sea after approved the airport there for civil operations, state news agency Xinhua said on Thursday. China claims almost all of the South China Sea, through which more than $5 trillion of maritime trade passes each year. The Philippines, Brunei, Vietnam, Malaysia and Taiwan have overlapping claims. The first flight took off on Wednesday...

Continue Reading...
More News Stories