South Korea navy diver dies during ship search

A South Korean navy diver died on Tuesday during a rescue operation in search of 46 sailors who are believed trapped in a ship that sank on Friday near a tensely disputed maritime border with the North.

The Underwater Demolition Team member was brought to the surface unconscious after working 24 metres (79 ft) deep in search of the missing seamen, a Defence Ministry official said.

Frantic rescue efforts have been hampered by murky water and strong currents at the site, which lies just south of the disputed border and within range of North Korean artillery.

Fifty-eight crew members were rescued before the ship snapped in half and sank on Friday night.

Early reports that the North may have been involved rattled financial markets but South Korean officials later said there was no clear indication Pyongyang had played a part.

South Korea’s defence minister said on Monday nothing had been ruled out as a possible cause, including the chance the ship was struck by one of the thousands of sea mines laid by North Korea during the 1950-53 Korean War.

President Lee Myung-bak visited the site of the rescue operation on Tuesday about 170 km (105 miles) from the west coast port of Incheon. Lee ordered vigilance against the North.

North Korea has made no mention of the sinking in its official media but issued a warning on Monday about moves by the South and the United States it said could lead to unpredictable incidents.

(Reporting by Jo Yonghak; Writing by Jack Kim; Editing by Paul Tait)

Trafigura buys metals warehousing company NEMS Ltd

LONDON, March 1 (Reuters) – Independent commodities trader Trafigura said on Monday it had acquired London Metal Exchange-approved warehousing company NEMS Ltd.

Financials

The current NEMS Ltd management will continue to manage the business, Trafigura said in a statement.

The company has a strong presence in the UK, Europe and Asia, and runs warehouses in UK locations Sunderland, Newcastle Upon Tyne, Hull and Liverpool plus Rotterdam, Gebze (Turkey) and Baltimore.

NEMS (Singapore) Pte runs operations in Singapore, Pasir Gudang (Malaysia), Incheon, Gwangyan and Busan (South Korea) and Taiwan. (Reporting by Pratima Desai and Veronica Brown; Editing by James Jukwey)

South Korea Incheon is World’s Best Airport – Photo Shoot

South Korea Incheon is World's Best Airport - Photo Shoot

South Korea’s Incheon International Airport was voted the best in the world for 2009 in an annual survey dominated by Asian airports. The survey, by British-based consultancy Skytrax, covered more than 190 airports and is based on the results from 8.6 million passenger questionnaires completed from 2008 to 2009. ‘Incheon is an airport that has been in the global top 5 ranking for the World Airport Awards during the past 5-6 years, and it is a great achievement for them to secure this premier mark of customer satisfaction,’Skytrax CEO Edward Plaisted said. (Text courtesy: Reuters)

South Korea Incheon is World's Best Airport - Photo Shoot

Incheon narrowly beat Hong Kong International Airport, last year’s number one which came in second. The Hong Kong airport is an important transit point and the gateway to China. The Hong Kong airport has infact won seven Skytrax World Airports Awards.

South Korea Incheon is World's Best Airport - Photo Shoot

Singapore’s Changi, fell to third place this year from number 2 in 2008. Skytrax said in a statement that the final margins between the top three airports were so narrow that at one stage the company thought it would have a three-way tie for first place in the “World Airport Awards’.The survey evaluates traveller experiences across 39 different airport service and products, ranging from check-in, arrivals, transfer through to departure at the gate.

South Korea Incheon is World's Best Airport - Photo Shoot

Japan’s Kansai is among the top 10. Japan’s Kansai Airport is located in the middle of Osaka Bay on an artificial island. This airport has consistently been among the top Airports in the world by Skytrax.

South Korea Incheon is World's Best Airport - Photo Shoot

Malaysia’s Kuala Lumpur airport also comes in the first 10. Malaysia’s main airport KL International Airport is situated in Sepang. It’s among the world’s busiest airports and is capable of handling around 35 million passengers annually.

South Korea Incheon is World's Best Airport - Photo Shoot

New Zealand’s Auckland airport, which was also voted the best in the Australia-Pacific region, rounded up the top 10. New Zealand’s top airport is located in the western suburb of Manukau City. Auckland airport handles 5-15 million passengers annually.

South Korea Incheon is World's Best Airport - Photo Shoot

Japan’s Centrair Nagoya airports was also among the top 10. A new entrant to the list of the best airports in the world, Centrair Nagoya airport is a first class airport that is also built on an artificial island in Ise Bay region.

South Korea Incheon is World's Best Airport - Photo Shoot

Tel Aviv was voted the Middle East’s best airport. Also known as the Ben Gurion International airport is Israel’s largest and busiest airports that handled over 11.5 million passengers last year.

South Korea Incheon is World's Best Airport - Photo Shoot

Cape Town is the best in Africa. A major gateway to tourists, South Africa’s second largest airports Cape Town International Airport is also a hub for the South African national carrier.