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Seawork News

 

S.Korea LNG Imports Set to Ease from Record

Jul 20, 2018

South Korean imports of liquefied natural gas are set to ease from record levels racked up in the first-half of the year, with appetite for the fuel from utilities seen fading as a raft of nuclear power stations come back online.The country's imports of the commodity jumped nearly 16 percent year-on-year to a record 22.7 million tonnes in the first six months of 2018, according to customs data in mid-July…

UN Seeks Traders' Help Enforcing North Korea Sanctions

May 22, 2018

A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped…

S.Korea Fuel Oil Imports Soar

Mar 14, 2018

South Korea's move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utilities burn the dirty feedstock to meet power demand…

Logistics News

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Encomara Squid Connection System Qualifies for Commercialization

Encomara Squid Connection System Qualifies for Commercialization

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

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After drone attacks, Russian oil exports from Novorossiysk will more than halve by August
New York Times Business News - August 28, 2018
Russian Urals resumes VLCC shipping to Asia amid higher demand and freight rates