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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

Japanese Consortium Plans Ammonia Bunkering Operations in Singapore

Japanese Consortium Plans Ammonia Bunkering Operations in Singapore

CK Hutchison Says Panama Missed Arbitration Response Deadline

CK Hutchison Says Panama Missed Arbitration Response Deadline

Port Houston Sees February Volume Increased by 4%

Port Houston Sees February Volume Increased by 4%

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

Prices for Russian Wheat Exports Hit Highest Since August With Improved Weather

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Vietnam prepares for flight reductions from April, after China and Thailand ban jet-fuel exports
Spirit Airlines will shrink its fleet to a third of the size it was before bankruptcy
Why is the port of Fujairah important to the oil industry?