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Seawork News

 

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 up sanctions last year after North Korea said it had conducted missile tests that put the U.S. mainland in range of its nuclear weapons.Under the restrictions…

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…

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

Trump Threatens to Escalate Iran War, But Says It Could End Soon

Trump Threatens to Escalate Iran War, But Says It Could End Soon

Trump Weighs Easing Russia Sanctions

Trump Weighs Easing Russia Sanctions

Greek Vessel Laden with Saudi Oil Sails through Hormuz

Greek Vessel Laden with Saudi Oil Sails through Hormuz

1M Barrels of Venezuelan Crude Headed to China

1M Barrels of Venezuelan Crude Headed to China

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China's crude imports in January and February surge due to increased refinery output, stockpiling
Businesses shiver at the remote work order after Peru's pipeline rupture
Air New Zealand suspends its FY26 forecast due to rising jet fuel prices in the Middle East