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

Vessel Sinks Week After Being Struck by Russian Fire

Vessel Sinks Week After Being Struck by Russian Fire

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

Red Sea Shipping Slows After Houthi Attack on Saudi Arabia

World’s Fastest Self-Unloader Ready for Simandou Project

World’s Fastest Self-Unloader Ready for Simandou Project

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

EU Wheat Prices Drop 6% as Ukraine Discusses Shipping Protections

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Houthis attack Saudi oil sites, but no US strikes on Iran for the first time in two-weeks
Saudi Arabia and Houthis fire at each other as air defences intercept an attack on a refinery
Southern China is soaked as Typhoon Noul hits land