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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

Stolt-Nielsen Navigates Rising Uncertainty in 1Q26

Stolt-Nielsen Navigates Rising Uncertainty in 1Q26

Tanker Vessel Futures Fly High on Demand

Tanker Vessel Futures Fly High on Demand

Los Angeles Receives Funds for Maintenance

Los Angeles Receives Funds for Maintenance

Ethical Farming Ireland Objects to Pregnant Heifer Shipping

Ethical Farming Ireland Objects to Pregnant Heifer Shipping

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Dublin and other Irish cities are clogged with protestors for the second day in a row over fuel prices
Russian drones damage substation in Odesa region, Ukrainian officials say
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.